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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...

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In a surprising turn of events, Bursa Malaysia rebounded strongly from the previous day’s global stock rout, with the key index entering positive territory by midday. Investors appeared to have digested the selling pressure, albeit cautiously, with the specter of margin calls looming later in the week.
Market Movements and Key Statistics
By 12:30 pm, the $FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$ surged 31...

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In an intriguing start to the trading day, Bursa Malaysia opened on a positive note but quickly succumbed to the pressures of Wall Street’s slump. At 9:08 am, the $FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$ had dipped by 0.60 points, or 0.03%, to 1,535.88 from Monday’s close of 1,536.48. The index had opened with optimism, climbing 5.66 points higher to 1,542.14 before reversing course.
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Bursa Malaysia mirrored the cautious sentiment in regional markets ahead of key US economic data releases. By lunchtime, the $FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$ had dropped 44.38 points, or 2.75%, to 1,566.67 from Friday’s close of 1,611.05.
Opening Bell and Market Movements:
• $FTSE Bursa Malaysia KLCI Index (.KLSE.GI)$: Opened 17.69 points lower at 1,593.36, its highest point today,...