Bursa Malaysia higher in early trade, mirroring Wall Street

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Bursa Malaysia higher in early trade, mirroring Wall Street
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KUALA LUMPUR, Sept 15 — Bursa Malaysia traded in the positive territory in the early morning session on Friday, mirroring the uptrend on Wall Street as investors react strongly...

KUALA LUMPUR, Sept 15 — Bursa Malaysia traded in the positive territory in the early morning session on Friday, mirroring the uptrend on Wall Street as investors react strongly to a slew of United States economic data.

As such, the Dow Jones rose 331 points while the Nasdaq increased by 112 points as the US Treasury 10-year yield edged higher to 4.286 per cent. “On the domestic front, the market undertone remained solid and firmly supported by stock accumulation, therefore, we anticipate the index to hover in the 1,450-1,460 range today.

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