malaymail.com 05 May, 2021 02:45 am

Bursa Malaysia opens marginally higher

Bursa Malaysia opens marginally higher
KUALA LUMPUR, May 5 ― Bursa Malaysia opened marginally higher in choppy trading today, as overall investor sentiment remained cautious due to the implementation of the movement control order (MCO) 3.0. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) inched up 0.18 of-a-point to...

KUALA LUMPUR, May 5 ― Bursa Malaysia opened marginally higher in choppy trading today, as overall investor sentiment remained cautious due to the implementation of the movement control order (MCO) 3.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) inched up 0.Malacca Securities Sdn Bhd said Bursa Malaysia is expected to remain subdued on the back of rising Covid-19 cases, which has led to a tighter MCO implementation in six districts in Selangor.The research house said for today, the sector to focus on is the packaging-related counters amidst the implementation of MCO 3.

Sector-wise, the Industrial Products and Services Index decreased 0.98, while the Financial Services Index gained 21.

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