Bursa Malaysia tracks Wall Street higher as U.S. data eases recession fears

Quick Summary:

KUALA LUMPUR: Bursa Malaysia opened higher on Friday, boosted by Wall Street's overnight rally, as U.S.jobs data eased recession fears among investors.

Cape EMS, the most actively traded stock on Bursa Malaysia, gained 1.5 sen to 49 sen with 60.5 million shares changing hands.

Inter-Pacific Research said that following yesterday's pause, bargain hunting may pick up ahead of the weekend, taking its cue from Wall Street's strong overnight performance.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Markets /Business/Business News FBM KLCI KLCI Bursa Malaysia

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-09 @ 09:17:00 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 583 words

Reading Time: 4 minutes read

Sentences: 18 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 21993845

View Article Analysis

About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 67 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 20 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

Frequently Asked Questions