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.
Huawei Technologies Co announced a bold move to completely abandon Google’s Android in its devices starting 2025. The company’s new flagship smartphone, the Mate 70 , will debut with HarmonyOS Next , a fully independent operating system free of Android’s open-source remnants. Key Highlights HarmonyOS Next : Huawei’s proprietary operating system, HarmonyOS Next , is set to power all future devices, marking a milestone in Huawei’s efforts to build an ecosystem without reliance on US tech providers . While still needing 2–3 months of optimization , the software aims to enhance user experience and performance. Mate 70 Launch : Available Dec 4 , the Mate 70 starts at 5,499 yuan (US$760) . Offers a 40% performance boost over its predecessor, powered by the new OS and Huawei’s in-house Kirin chip . Other Products : Huawei unveiled a gold-plated smartwatch priced at 23,999 yuan and a new tablet,...