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How KLSE Market Going To React Today- Daily News

 

KUALA LUMPUR (Dec 29): The main index at Bursa Malaysia edged higher  in early trade Tuesday in tandem with the gains at regional markets, as President Donald Trump backed away from earlier threats and signed a coronavirus aid package.

At 9.05am, the FBM KLCI was was up 0.05 points to 1,643.95.

The early gainers included CN Asia Corp Bhd, KPower Bhd, Carlsberg Brewery Malaysia Bhd, Kuala Lumpur Kepong Bhd (KLK), Allianz Malaysia Bhd, Pharmaniaga Bhd, Sarawak Consolidated Industries Bhd. Ajinomoto (Malaysia) Bhd, Greatech Technology Bhd and Duopharma Biotech Bhd.

Bloomberg said Asian stocks opened mostly firmer Tuesday as U.S. equities rallied to records after President Donald Trump backed away from earlier threats and signed a coronavirus aid package.

The dollar slipped with Treasuries, it said.

Inter-Pacific Research Sdn Bhd said Malaysian equities were mostly rangebound yesterday after giving up most of its intraday gains on quick profit taking activities.

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