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Bursa opens higher despite Wall Street’s mixed overnight performance

Meanwhile, ringgit also strengthens against US dollar

Updated 3 years ago · Published on 25 Apr 2023 10:10AM

Bursa opens higher despite Wall Street’s mixed overnight performance
As of 9.02am, the FTSE Bursa Malaysia KLCI (FBM KLCI) is at 1,423.50, climbing 1.39 points from Thursday’s close of 1,422.11. – SAIRIEN NAFIS/File pic, April 25, 2023

KUALA LUMPUR – Bursa Malaysia opened higher today after the extended Raya break, despite a mixed performance on Wall Street overnight.

At 9.02am, the FTSE Bursa Malaysia KLCI (FBM KLCI) climbed 1.39 points to 1,423.50 from Thursday’s close of 1,422.11.

The barometer index opened 0.16-of-a-point higher at 1,422.27.

Bursa Malaysia Bhd and its subsidiaries were closed last Friday and yesterday in conjunction with the Aidilfitri holiday. 

Meanwhile, the ringgit opened higher against the US dollar today as the greenback weakened against major currencies. 

At 9.01am, the local note stood at 4.4260/4330 versus the greenback from last Thursday’s closing rate of 4.4350/4395.

The market was closed for trading on Friday and yesterday in conjunction with the Aidilfitri holiday. – Bernama, April 25, 2023

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