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Bursa Malaysia ended the morning trading session on a firmer footing, supported by bargain hunting for selected heavyweights despite the weaker performance of regional peers.
Bursa Malaysia retreated from Monday's (Jan 10) gains to open marginally lower on Tuesday as mild profit-taking emerged for selected heavyweights, dealers said. At 9.26am, the benchmark FBM KLCI had slipped 0.89 of a point to 1,549.28, compared with 1,550.17 at Monday’s close.
Bursa Malaysia opened slightly higher but retreated thereafter as mild profit taking emerged for selected heavyweights after recent gains, dealers said.
Bursa Malaysia started the morning session on Tuesday (Dec 28) on a positive note, extending Monday's rally, with the trend expected to continue, taking its cue from Wall Street's positive performance overnight.
Techna-X Bhd, formerly known as Sino Hua-An International Bhd, climbed 0.5 sen or 6.25% to 8.5 sen on Tuesday (Dec 28) morning after proposing a reverse takeover of its 50%-owned HK Aerospace Beidou New Energy Technology Co Ltd (HKAB) via Singapore-listed F&B group Chaswood Resources Holdings Ltd.