KUALA LUMPUR – Bursa Malaysia opened easier but rebounded thereafter on the back of positive reaction to Covid-19 vaccine developments.
At 9.09am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.30 of-a-point higher at 1,607.89 compared with Friday's close of 1,607.59.
The index opened 0.82 of-a-points lower at 1,606.77.
Across the broader market, gainers thumped losers 415 to 198 while 343 counters were unchanged, 1,215 untraded and 80 others suspended.
Volume stood at 661.20 million shares worth RM303.28 million.
Malacca Securities said with the Covid-19 vaccine development and distribution edging closer, the vaccine-related stocks may continue to garner increase trading interest.
At 9.30am today, there were 495 gainers, 301 losers and 367 counters traded unchanged on the Bursa Malaysia.
The FBM-KLCI was at 1,608.17 up 0.58 of a point, the FBMACE was at 10,692.34 up 102.85 points, and the FBMEmas was at 11,558.17, up 16.14 points.
Turnover was at 1.453 billion shares valued at RM688.657 million. – Bernama, November 30, 2020
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