Business

Bursa opens higher but eases afterwards

Investors cautious about global economic outlook despite optimism on Covid-19 vaccine lending support to market

Updated 5 years ago · Published on 16 Nov 2020 9:37AM

Bursa opens higher but eases afterwards
At 9.15am, the FBM KLCI eases 0.88 point to 1,588.81 after opening 3.66 points higher at 1,593.35. – Facebook pic, November 16, 2020

KUALA LUMPUR – Bursa Malaysia opened higher today, but retreated afterwards, as some investors remain cautious about the global economic outlook despite optimism on the Covid-19 vaccine lending support to the market.

At 9.15am, benchmark index FTSE Bursa Malaysia KLCI eased 0.88 point to 1,588.81 after opening 3.66 points higher at 1,593.35.

Gainers led losers 403 to 245, while 382 counters were unchanged, 1,134 untraded and 19 suspended.

Total volume stood at 1.71 billion worth RM465.69 million. – Bernama, November 16, 2020

Related News

Business / 2mth

Tycoon Vincent Tan trims BCorp stake further in RM115m share sale

Malaysia / 5mth

Two factors contributed to lower EPF dividends this year – CEO

Business / 2y

SC, Bursa Malaysia pledge speedier IPO approvals in 3 months for main, ACE markets

Business / 2y

Bursa opens slightly lower amid heightened Wall St volatility

Business / 2y

Bursa Malaysia opens lower on lack of fresh leads

Business / 2y

Bursa Malaysia lower in early trade amid Middle East conflict

Spotlight

Malaysia

Elderly man admits to hitting neighbour with iron rod

Malaysia

Body found at KLIA2 in tyre storage compartment of aircraft from Japan

Malaysia

Factory operator faces rape, unnatural sex charges involving polytechnic student

Malaysia

Ismail Sabri granted RM300k bail after pleading not guilty to asset declaration charge

By Alfian Z.M. Tahir

Malaysia

Sunway Lagoon ride halted as safety probe seeks to protect public - DOSH

Malaysia

Malaysia ready to deploy military expertise for Nepal flood relief, says Defence Minister

Malaysia

Violence in Thailand: Visitors drop by almost 50 per cent

By Ian McIntyre

You may be interested

Business

Asia-Pacific growth set to slow as tariffs, geopolitical risks raise economic pressure

Business

Robo.ai Inc announces appointment of new independent director

By Alfian Z.M. Tahir

Business

Moves in major US stock indices could spill into currency and gold markets

By Alfian Z.M. Tahir

Business

K8 Cargo: Company still in limbo, claims CEO

Business

Oil slides as Iran-Oman Hormuz talks raise hopes of easing tensions

Business

Oil falls for fourth day as Hormuz supply fears ease