Array
(
    [_edit_lock] => Array
        (
            [0] => 1740106800:30
        )

    [tdc_dirty_content] => Array
        (
            [0] => 1
        )

    [tdc_icon_fonts] => Array
        (
            [0] => a:0:{}
        )

    [_thumbnail_id] => Array
        (
            [0] => 247922
        )

    [_edit_last] => Array
        (
            [0] => 30
        )

    [onesignal_meta_box_present] => Array
        (
            [0] => 1
        )

    [onesignal_send_notification] => Array
        (
            [0] => 
        )

    [onesignal_modify_title_and_content] => Array
        (
            [0] => 
        )

    [onesignal_notification_custom_heading] => Array
        (
            [0] => 
        )

    [onesignal_notification_custom_content] => Array
        (
            [0] => 
        )

    [_post_language] => Array
        (
            [0] => English
        )

    [_molongui_author] => Array
        (
            [0] => guest-97702
        )

    [_molongui_main_author] => Array
        (
            [0] => guest-97702
        )

    [td_post_theme_settings] => Array
        (
            [0] => a:1:{s:11:"td_subtitle";s:99:"FBM KLCI increases by 3.55 points at 9.06am today to 1,581.22 from Thursday’s close of 1,577.67 ";}
        )

    [_yoast_wpseo_primary_category] => Array
        (
            [0] => 599
        )

    [_yoast_wpseo_focuskw] => Array
        (
            [0] => bursa
        )

    [_yoast_wpseo_linkdex] => Array
        (
            [0] => 59
        )

    [_yoast_wpseo_content_score] => Array
        (
            [0] => 30
        )

    [_yoast_wpseo_estimated-reading-time-minutes] => Array
        (
            [0] => 2
        )

    [post_views_count] => Array
        (
            [0] => 92
        )

    [post_views_count_7_day_arr] => Array
        (
            [0] => a:7:{i:0;a:3:{s:4:"date";s:10:"1749443703";s:5:"count";i:1;s:14:"per_hour_count";a:2:{i:23;i:2;i:4;i:1;}}i:1;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:2;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:3;a:3:{s:4:"date";s:10:"1749743873";s:5:"count";i:1;s:14:"per_hour_count";a:1:{i:15;i:1;}}i:4;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:5;a:2:{s:4:"date";i:0;s:5:"count";i:0;}i:6;a:2:{s:4:"date";i:0;s:5:"count";i:0;}}
        )

    [post_view_7days_last_day] => Array
        (
            [0] => 3
        )

    [post_views_count_7_day_last_date] => Array
        (
            [0] => 1749743873
        )

    [post_views_count_7_day_total] => Array
        (
            [0] => 2
        )

    [post_views_last_24_hours] => Array
        (
            [0] => 1
        )

    [post_views_last_48_hours] => Array
        (
            [0] => 1
        )

)
Bursa rebounds amid bargain hunting | Scoop
The FTSE Bursa Malaysia KLCI rises 3.55 points to 1,581.22 from Thursday’s close of 1,577.67. – Scoop file pic, February 21, 2025
News

Bursa rebounds amid bargain hunting

FBM KLCI increases by 3.55 points at 9.06am today to 1,581.22 from Thursday’s close of 1,577.67 

Bernama
Updated
10:59 AM MYT

 

KUALA LUMPUR – Bursa Malaysia edged higher in early trading, snapping a two-day losing streak as bargain hunters stepped in despite a weak overnight session on Wall Street. 

At 9.06am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.55 points to 1,581.22 from Thursday’s close of 1,577.67. 

The benchmark index opened 2.25 points higher at 1,579.92. 

On the broader market, decliners outpaced gainers 150 to 144, with 275 counters unchanged, 1,783 untraded and 21 suspended. Turnover fell to 241.01 million shares worth RM86.37 million. 

Rakuten Trade Sdn Bhd head of research Kenny Yee Shen Pin said Wall Street declined after a lacklustre forecast from retail giant Walmart, with concerns over the US economic outlook further weighing on sentiment.   

As a result, the US 10-year Treasury yield eased to 4.507%, he noted.   

“On the home front, the FBM KLCI remained under pressure, closing below the 1,580 level. The index has been retreating over the past week from the 1,600 mark.   

“Hence, we believe bargain-hunting opportunities should emerge soon. Today, we expect the index to move within the 1,575-1,585 range,” he said in a note.   

Among heavyweights, Maybank fell two sen to RM10.42, CIMB lost 10 sen to RM8.34, while Public Bank gained one sen to RM4.50. Tenaga Nasional added six sen to RM13.86, and IHH Healthcare was unchanged at RM7.21.   

Ingenieur Gudang was the most actively traded stock, flat at 5.5 sen. TWL Holdings edged up half-a-sen to 2.5 sen, YTL Corporation rose six sen to RM2.09, while Aizo Group and Aimflex fell half-a-sen each to nine sen and 11 sen, respectively.   

On the index board, the FBM Emas Index rose 16.32 points to 11,930.31, the FBMT 100 Index added 17.57 points to 11,664.58, and the FBM Emas Shariah Index gained 22.70 points to 11,613.82.   

The FBM 70 Index slipped 7.90 points to 17,361.09, but the FBM ACE Index advanced 9.17 points to 4,929.70.   

By sector, the Financial Services Index eased 4.95 points to 19,265.85, while the Industrial Products and Services Index inched up 0.07 of-a-point to 161.27. The Plantation Index rose 12.32 points to 7,404.62, while the Energy Index lost 2.19 points to 777.76. – February 21, 2025

Topics

 

◉ Popular

From player to mentor: Wee Wern calls time on glittering squash career, takes on coaching challenge

A desire to impart her years of experience to the younger generation has seen former world number five squash player Low Wee Wern make the tough decision to hang up her racquet.

Duck and cover? FashionValet bought Vivy’s 30 Maple for RM95 mil in 2018

Purchase of Duck's holding company which appears to be owned wholly by Datin Vivy Yusof and husband Datuk Fadzarudin Shah Anuar was made same year GLICs invested RM47 mil

No forced eviction of Pasir Panjang Ulu farmers, process was legal: Perak MB

Datuk Seri Saarani Mohamad said the process was carried out legally, adding that MB Inc held a series of direct negotiations with the farm operators since 2021, in addition to offering ex-gratia at a reasonable rate. 

◉ Related

Copyright © 2023. All rights reserved.