Shares of MRCB and Pos Malaysia were in spotlight on Tuesday, March 30 after Prime Minister Datuk Seri Najib Razak announced the details of the New Economic Model at Invest Malaysia, an annual institutional investor conference.
Malay PM Datuk Seri Najib Razak, said, "The new economic model can transform the Malaysian economy to become one with high incomes and quality growth over the next decade".
The broader market, however, seemed passive as the general impact of the New Economic Model apparently, did not move investors.
The FBM KLCI increased 0.79 points to 1,320 points, at 1230 hrs. Revenue stood at RM650 million valued from 569.15 million shares. 414 lost, 214 gained and 252 counters remained unaffected.
Stock market index for the Tokyo Stock Exchange, Nikkei 225 increased 0.84% to 11,079.08. Hang Seng Index (Hong Kong) furthered 0.6% to 21,365.28.
US spot gold climbed 13 cents to US$1,109.85, while Light crude oil increased by 8 cents to US$82.25. Crude palm oil prices, however, fell by RM14 to RM2, 506.
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