KLSE Stock News- Malaysia Stocks Shares Opens Higher On Friday

KLSE stocks news

Kuala Lumpur: Bursa Malaysia share prices opened higher on Friday with the FTSE Bursa Malaysia Kuala Lumpur Composite Index up 2.68 points to 1,709.60 at 9.01am. The trading volume was 48.81 million lots worth RM20.81 million. Advancers outpaced decliners 510 to 228 with 299 counters unchanged.

Stock On Move

The top KLSE gainer stock list data shows, KESM rising RM1.16 to RM12.20, Heineken lifting 44 sen to RM18.70 and Amway climbing 27 sen to RM6.95. Genting up eight sen to RM7.48, Maxis adding three sen to RM5.24 and Digi rising two sen to RM4.24.

Among the most active KLSE stock, Prestarigns rose a further 12.5 sen to 72 sen, Seacera jumped four sen to 33 sen and Datasonic grew three sen to 43 sen.

The Klse loser stock data shows, TNB lost four sen to RM14.52, Axiata dropped four sen to RM3.40 and MIC slid three sen to RM6.58.

Global Market

Global equities aimed higher on Friday on news that US President Donald Trump and China President Xi Jinping spoke through the phone in an effort to thaw worsening relations. Japan Nikkie open up at 2.50% and Hang Seng index open up at 3.50%.

Forex Market

The ringgit opened slightly higher against the greenback today, it ringgit rose 0.2% against the greenback to 4.1690 on optimism over the tabling of Budget 2019 later today.

The ringgit, meanwhile, traded lower against other major currencies. It dipped against the Singapore dollar from 3.0270/0318 to 3.0296/0329 on Thursday and depreciated against the euro from 4.7530/7595.

The ringgit slid against the British pound from 5.3908/3977 to 5.4203/4275 and declined against the Japanese yen to 3.6986/7031 from 3.6968/6015.

Commodity Market

In the Oil market, the world’s top three crude suppliers offset supply concerns over the start of US sanctions against Iran next week. WTI crude slid 24 cents to US$63.45 a barrel while Brent crude fell 23 cents US$72.66 a barrel.