Bursa rallies despite shrinking US economy


PETALING JAYA: The local stocks staged a rally despite news that the United States and eurozone economy shrank as business and household activity froze from the measures to contain the coronavirus pandemic.

Stocks on Bursa Malaysia were mainly in the positive zone with 629 gainers compared to 298 losing counters.

Save 30% and win Bosch appliances! More Info

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

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!
Bursa Malaysia , rallies , economy , FBM KLCI

Next In Business News

Indonesia central bank holds rates amid market uncertainties
EDOTCO, DNB partners with LADA to transform Langkawi into Malaysia's first 5G-enabled digital tourism hub
Gold climbs to record high on safe-haven demand; Fed decision in focus
Indonesia takes currency, market measures after rupiah and shares fall
Itmax secures RM26.6mil CCTV job for Seberang Perai
Perodua inks MoU with MyDigital ID to secure user authentication access
Solarvest subsidiary signs PPA for 60MWac solar PV facility
FBM KLCI slips as investors take profit ahead of US rate decision
BOJ keeps interest rates steady as Trump risks loom
Malaysia keeps April crude palm oil export duty at 10%

Others Also Read