Malaysian Shares End Week in Green Following Positive PMI Data; Borneo Oil's Shares Balloon 100%
Malaysian Shares End Week in Green Following Positive PMI Data; Borneo Oil's Shares Balloon 100%
In economic news, Kenanga Investment Bank kept its projection that Malaysia's gross domestic product (GDP) will expand at a faster rate of 4.5% to 5% in 2024 from 3.7% a year prior, thanks to an improved manufacturing performance in April.Malaysian shares ended higher for the second straight session on the week's close. The sentiment remained upbeat after the data by S&P suggested improvement in the manufacturing activity.
马来西亚股市在本周收盘时连续第二个交易日收高。在标准普尔的数据显示制造业活动有所改善之后，市场情绪仍然乐观。
The FTSE Bursa Malaysia KLCI, the main gauge of Malaysian stocks, added 9.29 points to end 0.59% higher at 1,589.59 at the close.
马来西亚股市的主要指标富时马来西亚证券交易所KLCI上涨9.29点，收盘上涨0.59％，至1,589.59点。
The index initially opened comparatively lower, but gained momentum throughout the trading session. The day ranged between 1,581.59 and 1,590.56
该指数最初开盘相对较低，但在整个交易时段中势头增强。当天介于1,581.59和1,590.56之间
In economic news, Kenanga Investment Bank kept its projection that Malaysia's gross domestic product (GDP) will expand at a faster rate of 4.5% to 5% in 2024 from 3.7% a year prior, thanks to an improved manufacturing performance in April.
在经济新闻方面，肯南加投资银行维持了其预测，即由于4月份制造业表现的改善，马来西亚的国内生产总值（GDP）将从去年同期的3.7％更快地增长到2024年的4.5％。
Malaysia's manufacturing purchasing managers' index rose to 49 in April from 48.4 in March, the S&P survey found.
标准普尔调查发现，马来西亚制造业采购经理人指数从3月份的48.4升至4月份的49。
In other corporate news, shares of fast-food restaurant franchises operator Borneo Oil (KLSE:BORNOIL) skyrocketed 100%, while those of the industrial mold manufacturer MQ Technology (KLSE:MQTECH) soared 33% on Friday.
在其他公司新闻方面，快餐店特许经营运营商婆罗洲石油（KLSE: BORNOIL）的股价在周五飙升了100％，而工业模具制造商MQ Technology（KLSE: MQTECH）的股价在周五飙升了33％。
