Year of the Ox gives Bursa a boost


KUALA LUMPUR: Investors’ appetite for riskier assets on the first trading day of the Year of the Ox and a jump in crude oil prices enabled the FBM KLCI to close above the critical 1,600 on Monday.

At 5pm, the KLCI was up 8.65 points or 0.54% to 1,608.07 but off the day's best as the gains were partly erased by continued selling of glove stocks.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

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

Paramount eyes stable earnings on robust launches
Ringgit closes easier against US dollar amid war uncertainty
Consumer sector resilience insufficient for re-rating
Bintai Kinden wins RM45mil TNB contract
Exsim’s outstanding order book healthy at RM300mil�
Ni Hsin in tie-up to accelerate EV deployment
Data centres drive IJM’s order book�with new wins
EI Power inks underwriting agreement
Impressive take-up for Matrix’s industrial space�
Sunway targets RM4bil driven by strategic initiatives

Others Also Read