FBM KLCI, tech stocks rally to snap losing streak


KUALA LUMPUR: After a slow start, the benchmark FBM KLCI bounced higher in morning trade as investors sought out bargain counters while the technology sector rallied on improved prospects.

At 12.30pm, Bursa Malaysia's composite index was up 3.79 points to 1,482.97, giving succour to equities pummeled by sharp selling over the last three sessions.

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

FBM KLCI little changed in early trade amid dearth of new catalysts
Ringgit opens higher against US$
Trading ideas: IOIPG, MRCB, EXSIM Hospitality, Avaland, DPS, Nuenergy, SCIB, Vanzo, TXCD, LYC, Vestland, Paradigm REIT
The Week Ahead
Overseas expansion important strategic milestone for Oriental Kopi
How SMEs can leverage Mida for growth
Property sector’s current slowdown to�be short-lived
Plantation players poised to perform well
Financing boost for digital economy
Kelington�forecast to benefit from global chip boom

Others Also Read