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Bursa Malaysia managed a modest recovery by midday after a turbulent morning, as strategic buying in heavyweights offset the earlier losses. The market was marked by choppy trading, with the $FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$ rising by 0.16 points, or 0.01%, to 1,592.03 from the previous close of 1,591.87.
Market Movements and Key Statistics
The $FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$ opened 5....

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In an electrifying turnaround, Bursa Malaysia surged higher by midday, fueled by a wave of bargain hunting after the market experienced significant oversold conditions. Investors seized the opportunity to snap up undervalued stocks, driving the key index to impressive gains.
Market Movements and Key Statistics
By 12:30 pm, the $FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$ had soared 19.32 po...