The strong showing of selected heavyweights helped to nudge the Bursa Malaysia key index higher at the opening of the morning session. — Bernama pic
However, the overall market sentiment on Bursa Malaysia was lower with losers slightly outpacing gainers this morning. “The US markets ended flat overnight following uncertainties on the US-China trade deal, the Federal Reserve monetary policy and geopolitical tensions between India and Pakistan. Earlier, European stocks declined ahead of the meeting between leaders of the US and North Korea,” it said in a note today.
Public Bank and Hong Leong Bank were flat at RM25.06 and RM21.30, respectively, while both TNB and Petronas Chemicals declined two sen to RM13.46 and RM9.27.