Bursa Malaysia recoups earlier losses to end flattish

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The story "Bursa Malaysia recoups earlier losses to end flattish" was covered 3 hours ago by The Star, a news publisher based in Malaysia.

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The Star 3h ago

Bursa Malaysia recoups earlier losses to end flattish - The Star

Quick Summary:

KUALA LUMPUR: Bursa Malaysia recouped its earlier losses to end flattish amid a weaker broader market primarily due profit-taking after hitting a fresh three-year high yesterday as the regional markets closed mixed, said an analyst.

Among the active counters, Hubline and Ekovest perked up two sen to 10 sen and 57.5 sen, respectively, JAKS put on 1.5 sen to 19 sen, Nova MSC increased three sen to 22.5 sen, MYEG fell five sen to RM1, SNS Network slid one sen to 91 sen, and Bumi Armada eased half-a-sen to 56.5 sen.

"Furthermore, while major Asian indices closed mixed today, the region is demonstrating resilience despite geopolitical concerns following former President Donald Trump's Taiwan comments and potential policy changes from US President Joe Biden,” he added.