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Late buying pushes Bursa Malaysia to end mixed, CI up marginally 28 Apr 2021 / 18:05 H.
KUALA LUMPUR: Late buying in selected plantation as well as consumer products and services counters managed to lift Bursa Malaysia from earlier losses to close mixed today, amid cautious sentiment in regional markets, dealers said.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.82 points to end at its intraday high of 1,608.50 compared to Tuesday’s close of 1,606.68.
The market bellwether opened 0.16 of-a-point lower at 1,606.52 and moved to as low as 1,597.79 during the early trading session.
Overall market breadth however remained negative as losers thumped gainers 587 versus 457, while 437 counters were unchanged, 711 untraded and 54 others suspended.
Asian Shares See Muted Gains Ahead Of Biden Address
CANBERA (dpa-AFX) - Asian stocks rose slightly in cautious trade on Wednesday as investors awaited the results of the U.S. Federal Open Market Committee (FOMC) meeting later in the day for further insight into the bank s thinking on inflation and bond purchases.
Investors also awaited U.S. President Joe Biden s address to a joint session of Congress for clues on further stimulus measures.
Chinese stocks posted modest gains, with the benchmark Shanghai Composite index ending up 14.46 points, or 0.42 percent, at 3,457.07.
Hong Kong s Hang Seng index rose 129.80 points, or 0.45 percent, to 29,071.34.
Wednesday, 28 Apr 2021 06:27 PM MYT
A general view inside the RHB Centre stock market in Kuala Lumpur March 2, 2020. Picture by Firdaus Latif
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KUALA LUMPUR, April 28 Late buying in selected plantation as well as consumer products and services counters managed to lift Bursa Malaysia from earlier losses to close mixed today, amid cautious sentiment in regional markets, dealers said.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.82 points to end at its intraday high of 1,608.50 compared to Tuesday’s close of 1,606.68.
The market bellwether opened 0.16 of-a-point lower at 1,606.52 and moved to as low as 1,597.79 during the early trading session.
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