The index stays comfortably above key averages, implying that any short-term weakness is temporary and corrective in nature, says analyst.
KUALA LUMPUR: Bursa Malaysia ended modestly higher today on bargain hunting, extending its recovery from last week’s pullback, although the upside momentum faded after an early peak, said an economist.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 7.38 points, or 0.42%, to 1,748.26 from last Friday’s close of 1,740.88.
In Davos last month, US President Donald Trump said the US-financed dam “basically blocks the Nile,” while Egypt considers it an “existential threat.”
The justice department was left scrambling after names of alleged victims, who were supposed to be anonymised, were left unredacted.