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.
Discover the New Cash Plus Feature in Moomoo MY! Are you looking for a smart, secure way to grow your savings? Look no further! Moomoo MY has just launched Cash Plus , a fantastic new feature designed for conservative investors. With Cash Plus, you can invest in high-security monetary instruments like government short-term bonds and bank fixed deposits, all while enjoying daily earnings and high returns. Ready to start your investment journey? Sign up for Moomoo MY now and take advantage of Cash Plus today! What is Cash Plus? Cash Plus is a smart investment option for conservative investors, focusing on high-security monetary instruments like government short-term bonds and bank fixed deposits. It primarily invests in 100% cash assets, mainly in Malaysian Ringgit bank fixed deposits. Why Choose Cash Plus? 1. High Returns • Daily Earnings: Enjoy an annualized return of up to 3.5%, even on market holidays! • Promotion: Subscribe with a minimum of RM5,000 and get a RM10 cash rebate. ...