Bursa Malaysia opens higher but turns choppy
At 9.17am (Malaysia investor tips share),
The record opened 0.31 of-a-point better at 1,768.46 at 9 am.
Turnover remained at 346.55 million shares worth RM263.63 million.
In a note today, Maybank Investment Bank Research said the FBM KLCI was required to be sure as it had enough cushions to assimilate any offering weight, given general pattern which was all the while empowering.
“We anticipate that the list will retest its past high of 1,768.15,” said the exploration firm. – Malaysia investor tips share
In the interim, Hong Leong Investment Bank said stocks on the nearby bourse ought to stay strong in spite of the dubious Bandar Malaysia bargain.
Among heavyweights, Maybank and Public Bank facilitated two sen each to RMRM9.37 and RM19.98, individually, while Tenaga, Sime Darby and PChem were level at RM13.92, RM9.32 and RM7.15, separately.
Of actives, IWCity shed 49 sen to RM1.67 while Glotec, Netx and Tiger Synergy were level at 7.5 sen, 8.5 sen and 7.5 sen, individually.
The FBM Emas Index fell 8.95 focuses to 12,643.84, the FBMT100 Index was 6.22 focuses less demanding at 12,274.99 and the FBM Emas Shariah Index crept down 13.83 focuses to 12,981.96. – Malaysia investor tips share
The FBM 70 shed 17.42 focuses to 15,170.55 and the FBM Ace plunged 9.19 focuses at 6,316.17.
Latest update for KLSE investors
Traders subscribe here for 3 days free trial here: www.mmfsolutions.my