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The benchmark index on Bursa Malaysia ended the morning trading session mixed on Monday (Sept 5), with continuous buying interest seen in heavyweight counters, interspersed with selling pressure in lower liners.
Bursa Malaysia opened marginally higher on Monday (Dec 27), supported by buying interest, given fading Omicron Covid-19 variant fears, a dealer said.
FOCUS Dynamics Group Bhd has bought a 30% stake in LKL International Bhd for RM37.5m. LKL is principally involved in healthcare, healthcare equipment services, medical equipment, selected medical consumables and supplies.In a statement Friday, Focus Dynamic stated the corporate exercise helps the group to diversify its portfolio in the healthcare segment by expanding its lists of medical-related products and leverage on LKL’s supplier network.LKL has a major market share in Malaysia, and supplies products to 50 countries worldwide.
Bursa bounces from three-month low after Malaysia resists full lockdown Azanis Shahila Aman KUALA LUMPUR: Malaysia's stock exchange yesterday climbed from a three-month low and a 30-point loss since early this month after the government resisted imposing a full lockdown to avoid derailing a nascent recovery in the economy. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 9.65 points or 0.62 per cent to end at 1,571.82 today from 1,562.17 at last Friday's close. At 9.06am, FBM KLCI was up 3.34 points, or 0.21 per cent, and continued climbing until mid-morning, gaining 12....
Bursa Malaysia rebounded from last week's losses to open firmer today as investors heaved a sigh of relief after learning that most businesses and factories are allowed to operate under the tightened movement control order (MCO 3.0).