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.
The Inland Revenue Board (LHDN) clarified on Monday that it has never sent links to taxpayers through the MyTax portal regarding refund statuses. LHDN emphasized that any notifications from MyTax require proper authorization and warned of strict legal actions against individuals or entities involved in sending false links. LHDN advises the public to be cautious of suspicious links and messages and reminds taxpayers that spreading false information can lead to prosecution under Section 505 of the Penal Code and Section 233 of the Communications and Multimedia Act (CMA) . For accurate information, taxpayers should use official channels : Visit hasil.gov.my or mytax.hasil.gov.my Call the hotline at 03-8911 1000 Visit the nearest LHDN office LHDN reaffirms its commitment to enhancing taxpayer confidence by maintaining service quality and addressing such issues proactively.