KUALA LUMPUR – Bursa Malaysia continued its upward momentum at opening today, extending yesterday’s gains, on buying interest seen in selected heavyweights counters such as industrial products, services and healthcare.
At 9.05am, the benchmark FTSE Bursa Malaysia KLCI increased 1.78 points to 1,589.74 from yesterday’s close of 1,587.96.
The index opened 1.55 points better at 1,589.51 today.
Market breadth was positive with gainers leading losers 215 to 150, while 291 counters were unchanged, 1,492 untraded and 21 others suspended.
Turnover stood at 280.64 million shares worth RM114.77 million.
Meanwhile, the ringgit opened unchanged against the US dollar today due to mixed sentiment that supported the greenback, a dealer said.
At 9.02am, the local currency remained unchanged at 4.1200/1225 against the greenback.
ActivTrades trader Dyogenes Rodrigues Diniz said investors were seen selling their dollars to buy stocks as they are confident of fast recovery in the US and the forward guidance from the federal government, which repeatedly stated that it will not increase interest rates until 2023. – Bernama, June 9, 2021
