KUALA LUMPUR, April 8 — Bursa Malaysia ended today’s volatile trading on a positive note, supported by last minutes buying interest.
Market breadth was positive with gainers outnumbering decliners 499 to 386, while 383 counters remained unchanged, 578 were untraded and 21 others were suspended. “Apart from that, the US-China trade discussion has been constructive. So talks of a potential recession in the US following the recent yield curve inversion recently has been gradually dies off,” he told Bernama.
Hence, Mohd Afzanizam said the current resistance level of 1,653 seems to be quite far-fetched in view of the market uncertainties. Among actives, Sapura Energy dropped half a sen to 35 sen, Priceworth International added half a sen to 7.5 sen and Dayang Enterprise went up 17 sen to RM1.54.
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