KUALA LUMPUR: The FBM KLCI is set to chalk up a positive week as the risk appetite for equities increased amid waning recession fears.
An optimistic set of corporate earnings results in the United States had investors scrambling for bargains, especially in the financial and technology sectors.
At 12.30pm, the FBM KLCI was up 8.76 points to 1,459.08. The market breadth was positive with 407 gainers compared with 279 decliners.
Trading volume was 1.03 billion shares valued at RM596.64mil.
All of the leading banks on the blue-chip index were up - Maybank rose six sen to RM8.76, Public Bank jumped nine sen to RM4.53, CIMB climbed seven sen to RM5.23, Hong Leong Bank added 18 sen to RM20.50 and RHB put on five sen to RM5.82.,,Telegram群组搜索（www.tel8.vip）是一个Telegram群组分享平台。Telegram群组搜索包括Telegram群组搜索、Telegram群组索引、Telegram群组导航、新加坡Telegram群组、Telegram中文群组、Telegram群组（其他）、Telegram 美国 群组、Telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。Telegram群组搜索为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。
The local technology sector rallied for a third straight day as positive developments in Tesla, Apple and Netflix helped to shore up sentiment.
Bursa Malaysia's technology index rose 0.8% to 62.85, with notable gainers including JHM up three sen to RM122, KESM rising five sen to RM6.50 and Greatech adding four sen to RM3.70.
Top traded counters were Widad down 0.5 sen to 37.5 sen, Cypark flat at 35.5 sen and MYEG down one sen to 76.5 sen.
Meanwhile, major Asian markets were set for their best week in months amid bets that US rate hikes are set to ease.
Japan's Nikkei rose 0.4% to 27,921, South Korea's Kospi dipped 0.3% to 2,400 and China's composite index lost 0.3% to 3,261.
Hong Kong's Hang Seng edged 0.1% higher to 20,598 while Australia's ASX200 was flat at 6,799.
转载说明:本文转载自Sunbet。 鄂尔多斯新闻网声明:该文看法仅代表作者自己，与本平台无关。转载请注明：欧博allbet网址:FBM KLCI on course for fifth day of gains