KUALA LUMPUR – Bursa Malaysia was broadly higher in early trade today, as bargain hunting emerged following yesterday’s heavy selling.
In tandem with the uptrend in its regional peers, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 5.41 points to 1,561.12 as at 9.07am against yesterday’s close of 1,555.71.
The index opened 0.45 of a point better at 1,556.16.
Meanwhile, the ringgit extended yesterday’s gains against the US dollar this morning supported by steady crude oil prices and improved risks appetite, dealers said.
At 9am, the local note rose to 4.1550/1575 versus the greenback from 4.1580/1610 at yesterday’s close. – Bernama, June 25, 2021
