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Following the rally in palm oil prices, counters related to the industry on Bursa Malaysia have risen over the past weeks.
KUALA LUMPUR: Selected banks weighed on the FBM KLCI on Monday as investors decided to continue to take profit but the ringgit fared well against the key currencies including the US dollar and the pound sterling.
KUALA LUMPUR: Asian markets led by Japan' rebounded on Thursday, with Bursa Malaysia riding on the coattails of improved investor sentiment at midday as fears of escalating Mideast tensions subsided.
KUALA LUMPUR: Banks underpinned the FBM KLCI's rebound at midday on Tuesday as investor sentiment was shored up by the firmer key Asian markets' performance as the Mideast flareup fears ebbed.
The healthcare sector continues to be a favoured one by analysts and investors alike, driven by a push for medical tourism, increasing affluence and broader insurance coverage, as well as a growing and ageing population.
PETALING JAYA: Bursa Malaysia ended the first trading day of 2020 on Thursday with the FBM KLCI above the key 1,600 level, underpinned by fund buying of bank stocks and IHH Healthcare Bhd.
KUALA LUMPUR: Bursa Malaysia ended the first trading day of 2020 on Thursday with the FBM KLCI above the key 1,600 level, underpinned by fund buying of bank stocks and IHH Healthcare.
KUALA LUMPUR: Bursa Malaysia ended a volatile 2019 on a downbeat note on Tuesday as late selling of Public Bank, IHH Healthcare and Tenaga Nasional sent the FBM KLCI skidding more than 1.67% on the day.
KUALA LUMPUR: Selling of Public Bank, Hong Leong Bank and Tenaga Nasional pushed the FBM KLCI deeper into the red in late trade on Tuesday – the final trading day of 2019.
NUMEROUS factors are pushing the growth of the healthcare sector, from aging and growing populations, greater prevalence of chronic diseases to technological advancement.