Market ticks up slowly


REVIEW: The closely-followed Dow Jones Industrial Average set a new record in overnight session, lifted by better-than-expected corporate earnings and over on the New York Mercantile Exchange, crude oil prices recovered to within striking distance of the US$50 psychological level the previous Friday, boosted by a latest report about huge inventory drawdowns.

Riding on the US markets’ strength, Bursa Malaysia started out the new week on a steadier platform, with the FBM Kuala Lumpur Composite Index (FBM KLCI) chalking up 0.82 point to 1,767.90 on renewed bargain hunting interest.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , Market Trend , Bursa Malaysia , FBM KLCI

   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read