KUALA LUMPUR – Bursa Malaysia opened higher today with the key index rising by 0.08% on bargain-hunting activities.
At 9.01am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.21 points to 1,556.47 from Wednesday’s close of 1,555.26.
It opened 1.09 points better at 1,556.35.
Bursa Malaysia and its subsidiaries were closed yesterday in conjunction with Malaysia Day.
Market breadth was positive with gainers surpassing losers 196 to 98, while 272 counters were unchanged, 1,702 untraded and 10 others suspended.
Turnover stood at 123.69 million units worth RM49.12 million.
Meanwhile, the ringgit extended its losses against the US dollar at today’s open, ahead of the Federal Open Market Committee meeting, as emerging market currencies continue to be hit by the strengthening greenback following strong economic data from the world’s largest economy.
At 9.02am, the ringgit declined 160 basis points to 4.1730/1780 from 4.1570/1590 at Wednesday’s close. – Bernama, September 17, 2021
