Bursa ekes out slight gains on Sime Plantation, HL Bank up


Malaysian equities have been under pressure from foreign selling over the months as they shift to bonds.

KUALA LUMPUR: Bursa Malaysia edged up slightly in early Wednesday trade, underpinned by gains in Sime Darby Plantation and Hong Leong Bank but key Asian markets were mixed despite the overnight rebound on Wall Street.

Malaysian equities have been under pressure from foreign selling over the months as they shift to bonds.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

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!

   

Next In Business News

Fed officials urge patience on timing of initial rate cut
Lagenda buys Kedah land for RM148.98mil
Ringgit ends lower against the greenback
KTI Landmark eyes broader horizon post-IPO
Advancecon wins Sime Darby Prop contract
MAHB shareholder expresses doubt over takeover bid
Sunway to focus on core businesses
TNB gears up for energy transition with significant capex
CEO Action Network unveils DEI Implementation Guide for Malaysia
Bank Islam’s net profit rises to RM129mil in 1Q

Others Also Read