Wednesday, 28 Jul 2021 11:46 AM MYT
At 11.00am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 2.49 points easier at 1,512.11 from yesterday’s close of 1,514.60. Reuters pic
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KUALA LUMPUR, July 28 ― Bursa Malaysia remained lower at mid-morning today, weighed down by profit-taking in selected heavyweight stocks.
At 11.00am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 2.49 points easier at 1,512.11 from yesterday’s close of 1,514.60.
The index opened 3.14 points lower at 1,511.46.
On the broader market, losers led gainers 389 versus 316, while 442 counters were unchanged, 1,096 untraded and 48 others suspended.
Turnover stood at 1.61 billion units worth RM714.02 million.
KUALA LUMPUR: SME Bank has allocated RM300 million through its Lestari Bumi Financing Scheme to help develop micro and small entrepreneurs to enable them to increase production capacity, expand market access, and be more competitive to ensure business sustainability.
Group president and chief executive officer Aria Putera Ismail said the scheme was part of several initiatives announced by the government in Budget 2021. Through this scheme, entrepreneurs can apply for working capital and purchase of assets with total financing ranging from RM100,000 to RM750,000. The scheme enables entrepreneurs to receive more structured assistance according to their business needs and gain access to more effective and organised training and coaching programmes from Centre for Entrepreneur Development and Research Sdn Bhd, a wholly-owned subsidiary of SME Bank, he said in a statement today.
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