KUALA LUMPUR, Nov 2 — Bursa Malaysia’s key index ended higher today, recovering from early losses to remain above the 1,600-point level, supported by selective bargain hunting in telecommunications and commodity-related heavyweights despite continued weakness in technology stocks.
Regional markets were mixed as investors reassessed technology earnings prospects and the sustainability of substantial artificial intelligence (AI)-related investments, while Brent crude fell more than three per cent to around US$110 (RM447.78) per barrel amid hopes of easing West Asia tensions following diplomatic efforts involving Iran and Qatar, said Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said.
