Business

Bursa opens slightly higher as investors take cue from Wall Street

Ringgit slips against US dollar as technical correction continues

Updated 4 years ago · Published on 05 Jan 2022 9:43AM

Bursa opens slightly higher as investors take cue from Wall Street
At 9.05am, the benchmark FTSE Bursa Malaysia KLCI added 0.24 of-a-point to 1,542.14 compared with 1,541.9 at yesterday’s close. – The Vibes file pic, January 5, 2022

KUALA LUMPUR – Bursa Malaysia opened slightly higher today, as investors took the cue from the uptrend seen in overnight Wall Street and regional bourses, dealers said.

At 9.05am, the benchmark FTSE Bursa Malaysia KLCI added 0.24 of-a-point to 1,542.14 compared with 1,541.9 at yesterday’s close.

The index opened 0.51 of-a-point better at 1,542.41.

Meanwhile, the ringgit opened lower against the US dollar today as a technical correction continues due to profit-taking activities amid firmer oil prices, dealers said.

At 9am, the local currency was traded at 4.1920/1932 against the greenback from 4.1860/1880 at Monday’s close. – Bernama, January 5, 2022

Related News

Business / 2mth

Tycoon Vincent Tan trims BCorp stake further in RM115m share sale

Business / 3mth

Ringgit edges higher against US Dollar amid subdued market sentiment

Business / 4mth

Ringgit retreats to 4.00 versus the US Dollar amid West Asia ceasefire uncertainties

Business / 5mth

BNM ensures orderly financial markets amid global uncertainties

Malaysia / 5mth

Middle East conflict: Brace for more expensive imports - Tengku Zafrul

Places / 8mth

Planning a year-end break? The Land of the Rising Sun beckons

Spotlight

Malaysia

Six per cent growth proves Malaysia's economy remains resilient - PM

Malaysia

DAP must have an 'exit clause' if it opts to remain in government - Ramkarpal

Malaysia

Police looking for two women who allegedly stole gold bracelet (video)

Malaysia

BN’s relations with PN put further strains on PH - KJ

By Alfian Z.M. Tahir

Malaysia

MRT suddenly stops at Bukit Bintang and all went dark (video)

By Alfian Z.M. Tahir

Malaysia

Couple plead guilty over death of three-month-old baby in their care

Malaysia

PKR allows Nurul Izzah open-ended leave to pursue PhD, keeps door open for return

Malaysia

Mediation centres are a positive alternative in defamation cases

You may be interested

Business

BNM - SC accelerates sustainable finance push with ASEAN Taxonomy adoption

Business

Oil prices fall as markets weigh prospects of Hormuz reopening

Business

Oil holds near US$81 per barrel as Hormuz standoff, softer demand outlook keeps markets on edge

Business

Malaysia’s economy surges 6.0% in Q2 2026 -DOSM