KUALA LUMPUR – Bursa Malaysia opened slightly lower today but rebounded thereafter, driven by continued buying support in selected heavyweights, dealers said.
At 9.15am, the benchmark FTSE Bursa Malaysia KLCI rose 3.54 points to 1,503.86 from 1,500.32 yesterday.
The index opened 0.51 of-a-point weaker at 1,499.81.
On the broader market, gainers led losers 189 to 117, while 198 counters were unchanged, 1,798 untraded and 16 others suspended.
Turnover stood at 158.55 million units valued at RM87.89 million.
Meanwhile, the ringgit reversed losses to open higher today amid a weaker US dollar following improved sentiment as inflation fears eased.
At 9.05am, the local note stood at 4.2060/2100 versus the greenback compared with 4.2110/2140 at yesterday’s close. – Bernama, December 23, 2021
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