Bursa Malaysia stays higher at midday
KUALA LUMPUR: Bursa Malaysia remained higher at midday, supported by buying interest in selected heavyweights, particularly in the telecommunications and media, utilities, and industrial products sectors.
Bursa Malaysia continued to rise at midday, buoyed by increased buying activity in key sectors such as telecommunications, media, utilities, and industrial products. The index gained 5.31 points at 12:30pm, reaching 1,729.80 from last Friday's close of 1,727.39. The benchmark index began the day at 1,726.94, experiencing fluctuations between 1,722.16 and 1,731.45 during the morning trading session.
Despite the overall market sentiment being negative, with losses outnumbering gains by 550 to 454, the volume of trading remained robust, totaling 1.92 billion units valued at RM1.29 billion.
Brief written by urgent.news from New Straits Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
