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Equities rise even as recession fears remain

The Star Business LogoThe Star Business1w ago

Equities rise even as recession fears remain

Quick Summary

KUALA LUMPUR: The domestic market tracked Wall Street higher as sentiment for defensive and technology stocks recovered slightly from the US interest rate increase earlier this month.

Top actives were TWL unchanged at seven sen, XDL flat at two sen and Jade Marvel up one sen to 91.5 sen.

MPI climbed 50 sen to RM27.70, Unisem gaining nine sen to RM2.24 and Greatech adding seven sen to RM3.


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Article Details

Author / Journalist: The Star Online

Category: Economy

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

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-24, 09:25:00

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Reading Time: 2 minutes read

Article Length: 325 words

Coverage Area: Malaysia

Availability: Desktop Web, Mobile Web

News ID: 6768

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About The Star Business

The Star Business Logo

Main Topics: Economy

Official Website: thestar.com.my

Update Frequency: 18 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1d ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #22

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