KUALA LUMPUR: Bursa Malaysia opened marginally higher on Friday, supported by renewed buying in selected heavyweights amidst improving sentiments amon...
: Bursa Malaysia opened marginally higher on Friday, supported by renewed buying in selected heavyweights amidst improving sentiments among regional peers, a dealer said.
“Investors may also focus on fundamentally solid companies which have earnings growth over the past two quarters,“ it said in a note today. “However, the energy sector is likely to be under pressure amid falling Brent crude prices,“ it added. Of the actives, Kinergy Advancement and Econpile advanced half-a-sen to 34 sen and 32 sen, respectively, Southern Cable gained 1.5 sen to 38 sen, Tanco was flat at 55 sen and Sarawak Consolidated slid half-a-sen to 49 sen.
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