KUALA LUMPUR: Bursa Malaysia ended the morning trading session higher, lifted by the selective buying of heavyweight stocks, led by the construction s...
: Bursa Malaysia ended the morning trading session higher, lifted by the selective buying of heavyweight stocks, led by the construction sector.
The market breadth was positive with gainers trumping decliners 422 to 350, while 392 counters were unchanged, 1,124 untraded and 15 others suspended.Regionally, Japan’s Nikkei 225 rose 1.61 per cent to 31,019.45, Singapore’s Straits Times Index gained 0.75 per cent to 3,171.05 and South Korea’s Kospi added 0.77 per cent to 2,224.25.
He said energy stocks may face some road bumps today following the slump in crude oil price that saw Brent tumble to below US$86 per barrel from US$91 per barrel overnight, attributed to the expectation of weakening demand amid the high interest rate environment.
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