KUALA LUMPUR: Bursa Malaysia extended its rebound on Friday after yet another positive session on Wall Street, and as more details of Malaysia's vaccination programme are revealed.
KUALA LUMPUR: The FBM KLCI retreated sharply from its earlier lead to end the morning session in negative territory.
Investor sentiment remains subdued amid the extension of the Movement Control Order and as investors remain anxious over the rising number of coronavirus infections in the country,
Earlier today, the Health Director-General published data on the Covid-19 infectivity rate among Malaysian states, with Johor and Kuala Lumpur topping the list at 1.18 and 1.12 respectively.
The late-morning market decline was reminiscent of trading action over the last two sessions with investors quick to take profit off early gains.
At 12.30pm, the key index was down four points to 1,578.99 amid a fall in glove counters.
KUALA LUMPUR: The FBM KLCI extended its gains after the long weekend as local equities tracked Wall Street higher while sentiment improved on news of the March arrival of the Covid-19 vaccine in Malaysia.KLCI tracks Wall Street higher
KUALA LUMPUR: Bursa Malaysia was lifted by bargain-hunting activities in the morning session as investors moved into oversold counters following six straight days of losses.