Firm broader start for Bursa Malaysia but Telekom slips


KUALA LUMPUR: Telekom Malaysia led the FBM KLCI lower in early Monday trade as investors took profit but the broader market was firmer, in line with the key Asian markets as the Covid-19 vaccine hopes strengthened risk appetite for equities.

At 9.11am, the FBM KLCI had dipped 1.18 points or 0.07% to 1,620.67. Turnover was 1.63 billion shares valued at RM632.49mil. There were 455 gainers, 291 losers and 381 counters unchanged.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

US stock futures rise on Iran deal optimism; oil tumbles
Mohd Rizal Zubair steps down as Country Heights CEO to pursue personal interests
Business ops remain uninterrupted, says Tanco
Ringgit closes higher against greenback on news of US-Iran peace deal
Singapore labour market expands in 1Q, employment rises by 9,400
Mieco Chipboard to be renamed Mieco from June 18
Bursa Malaysia ends higher, tracking Asian peers on improved global sentiment
Bursa Malaysia freezes Paragon Union's lower limit price at RM2.29
Vantris Energy returns to profit in 1QFY27, records RM145.79mil net profit
Mycron steel unit to acquire Shah Alam industrial land for RM30mil

Others Also Read