KUALA LUMPUR: Public Bank led blue chips higher in early Tuesday trade amid a cautious external market as investors awaited a decision from US lawmakers to pass an economic stimulus bill ahead of the Nov 3 presidential elections.
At 9.15am, the FBM KLCI was up 1.48 points or a mere 0.1% to 1,519.59. Turnover was 1.42 billion shares valued at RM660.47mil. There were 231 gainers, 318 losers and 337 counters unchanged.
Asian stocks came under pressure on Tuesday as a deadline for US lawmakers to pass an economic stimulus bill approached and record daily coronavirus infections in Europe ignited concerns about more severe lockdowns, Reuters reported.
In early Asia trade, Australian stocks dipped at the open while MSCI's gauge of stocks across the globe shed 0.06%.
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