Bursa sees slow uptrend


By K.m.lee

REVIEW: Despite starting the week below the flat line and losing 0.3 of a point to 1,661.59, Bursa Malaysia quickly turned higher in the wake of renewed bargain hunting activity, tracking a steadier Wall Street on the previous Friday.

Sentiment was positive in early session, as news about 1Malaysia Development Bhd (1MDB) exiting the power business after agreeing to sell its entire energy assets to China Nuclear Power Corp, lifted investors’ appetite for stocks.

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Business , Market Trend , Bursa Malaysia , FBM KLCI

   

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