Bursa Malaysia rises amid year-end window dressing

KUALA LUMPUR: Bursa Malaysia opens on a steady note this Friday, driven by positive momentum from year-end window dressing activities, which continue to support market sentiment. At 9:14 am, the FBM KLCI rose 7.35 points, or 0.46%, to 1,621.05, after opening 3.86 points higher at 1,617.56. Among the gainers, United Plantations surged 64 sen to RM31.24, Tenaga...

Foreign investors stay net buyers of Malaysian equities, despite regional outflow

KUALA LUMPUR: Foreign investors were net buyers of Bursa Malaysia equities for the fourth straight week with a total net inflow of RM798.3mil. The sustained inflow into the Malaysian market bucked the wider regional trend, where net foreign outflows were recorded, especially in Taiwan and South Korea. According to MIDF Research, there was a reversal in Asian...