KUALA LUMPUR, Aug 17 ― The benchmark index on Bursa Malaysia ended the morning trading session on a mixed note, with mild profit-taking in selected heavyweights limiting gains amid a cautious tone in the regional bourses, dealers said.
The key index opened 0.77 of a point higher at 1,519.55, and moved between 1,517.32 and 1,527.84 throughout the session. “The DJI Average jumped by 240 points while the Nasdaq was down by 25 points as the US 10-year yield inched slightly higher at 2.81 per cent. Back home, the FBM KLCI rallied mainly due to broad-based buying especially on telcos which we recommended on Monday.
Among the heavyweights, Maybank added 2.0 sen to RM8.99, IHH Healthcare went up 3.0 sen to RM6.52, Public Bank advanced 1.0 sen to RM4.66, Petronas Chemicals gained 6.0 sen to RM8.81 while CIMB was flat at RM5.45.