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.
Welcome to the ultimate guide to Singapore Savings Bonds (SSBs)! Here, you'll find everything you need to know about SSBs, from the latest interest rates to how to invest in them. Whether you're new to investing or just looking for safe, steady returns, this guide has got you covered. What Are Singapore Savings Bonds? Singapore Savings Bonds are specially structured government securities designed for individual investors. Simply put, when you buy an SSB, you're lending money to the Singapore government, which pays you interest in return. Think of it as becoming a mini-bank for the government, along with many others. Launched in 2015 by the Monetary Authority of Singapore (MAS), a new SSB is issued every month. The goal is to provide investors with access to long-term interest rate returns with maximum flexibility and zero risk. Why Invest in SSBs? Safe and Guaranteed : Backed by the triple-A credit rating of the Singapore government, SSBs are among the safest investments yo...