Traders take profit from blue chips - News Summed Up

Traders take profit from blue chips


The benchmark index was down 1.91 points to 1,678.41 as traders took some profit following the strong rally. According to TA Securities, Bursa Malaysia tracked gains in regional markets in the previous session as traders largely shrugged off the recent US military intervention in Venezuela. However, it said stronger buying momentum and meaningful domestic catalysts are needed for the index to sustain its upward momentum. "Immediate support stays at the September 2016 low of 1,645, with stronger support coming from the 76.4%FR (1,610) followed by the 61.8%FR (1,564). Top actives on the market included MMAG up 1.5 sen to 8.5 sen, Insights Analytics rising six sen to RM1.52 and SNS Network gaining 2.5 sen to 55 sen.


Source: The Star January 06, 2026 07:58 UTC



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