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Malaysia Market

Bursa Malaysia higher at midday amid better economic prospects

Sumary of Bursa Malaysia higher at midday amid better economic prospects:

  • ― Picture by Hari Anggara KUALA LUMPUR, March 18 — Bursa Malaysia stayed higher throughout the morning session, in sync with regional peers and overnight Wall Street performance amid enhanced prospects for an economic rebound…
  • At 12.30pm, the benchmark FTSE Bursa Malaysia (FBM KLCI) rose 7.05 points to 1,632.02 versus Wednesday close of 1,624.97…
  • Overseas, the Federal Reserve projected a 6.5 per cent economic growth for the United States (US), Malaysia top trading partner, as the Covid-19 crisis wound down…
  • Of the heavyweights, IHH increased 11 sen to RM5.39, Public Bank was four sen higher at RM4.28, and Genting expanded 16 sen to RM5.46……

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