KUALA LUMPUR, July 29 (Bernama) -- Bursa Malaysia rebounded to close higher on Wednesday on selective buying of defensive stocks after a volatile trading session. IPPFA Sdn Bhd director of investment strategy and country economist Mohd Sedek Jantan said consumer products and services stocks lifted the key index higher, overcoming lingering geopolitical concerns. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.08 points to 1,715.56 from yesterday’s close of 1,712.48. The benchmark index, which opened 1.91 points higher at 1,714.39, moved between 1,710.79 and 1,720.59 during the day’s trading. In the broader market, gainers outstripped decliners 550 to 476, while 612 counters were unchanged, 1,129 untraded, and 48 suspended. Turnover rose to 2.96 billion units valued at RM2.48 billion from 2.94 billion units valued at RM2.56 billion on Tuesday.
MSN Money News MSN Money News This will be something new for the blog categories. I'm a firm believer of ways to summarize input of information given the lack of time and resources. One of the ways to do that was through MSN Money, where I find some of the news of the day. Here are some of those that I've got and will share it with the readers on a more consistent basis. STOCK STUMBLE, ON PRESIDENTIAL DEBATE Stocks were lower Monday as Wall Street shifted its focus from interest rate policy to politics and traders braced for the first presidential debate between Hillary Clinton and Donald Trump. The Dow was down 140 points, the Standard & Poor's 500 was off by 0.7%, and the Nasdaq was down by 0.8%. "Tonight's debate starts the election's critical point for stock investors," Dan Clifton, a Washington policy analyst at Strategas Research Partners, told clients in a research note before the opening bell. " Few e...