KUALA LUMPUR – Bursa Malaysia rebounded from last week’s losses to trade higher during the early session today, supported by renewed buying interest in selected consumer product services as well as healthcare counters, a dealer said.
At 9.15am, the benchmark FBM KLCI rose 3.85 points to 1,582.05 from Friday’s close of 1,575.16.
The index opened 7.30 points better at 1,582.46.
Market breadth was positive with gainers leading losers 307 to 201, while 348 counters were unchanged, 1,298 untraded, and 11 others suspended.
Turnover stood at 698.43 million units worth RM361.20 million.
The ringgit kicked off the week on a negative note against the US dollar following the extension of the third movement control order 3.0 (MCO 3.0).
At 9.03am, the local unit slid to 4.1130/1150 against the greenback versus 4.1070/1100 at the close on Friday.
Senior Minister (Security) Datuk Seri Ismail Sabri Yaakob announced last Friday evening that the MCO 3.0, initially scheduled to end today, had been extended for another two weeks until June 28 following the high number of daily Covid-19 cases. – Bernama, June 14, 2021
