However, it was quiet on Bursa Malaysia as the state-wide holiday in Selangor on Monday meant thin trading volumes. The local index stayed uninspired, closing 1.78 points lower at 1,719.47 points. Profit-taking on Bursa Malaysia was expected for Friday on the heels of large gains. Opening lower, the index rose briefly into the 1,760 resistance level before descending to close 5.93 points weaker at 1,753.07 points. Outlook: The positive growth outlook from research analysts are buoying sentiment for Bursa Malaysia.

Source: The Star December 16, 2017 00:11 UTC