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.
It is official....Star Wars: The Force Awakens have smashed the US Box Office record. The previous record, was set by Jurassic World in June with $208.8m. Disney's Star Wars smashes the record for the biggest box office debut weekend in North America with ticket sales of $238m. Star Wars: The Force Awakens The new Star Wars film has taken an estimated $517m globally in three days - putting it just behind Jurassic World's $525m tally. While it fail to top Jurassic World's global opening figures, analysts believe the space saga has a huge potential to become the biggest-selling movie of all time, especially since Jurassic World's figure has taken into account of their opening in China which was over the same weekend where it opened everywhere else. Star Wars: The Force Awakens, on the other hand will not debut in the world's second biggest cinema-going territory until 9 January. With the trio stars from the original trilogy, Harrison Ford, Carrie Fisher ...