KUALA LUMPUR – Bursa Malaysia today opened higher, extending yesterday’s bargain-hunting activities in selected sectors in the broader market.
At 9.05am, the benchmark FTSE Bursa Malaysia KLCI was 1.66 points better at 1,521.22 from 1,519.56 at the close yesterday.
The market bellwether opened 1.21 points up at 1,520.77.
On the broader market, gainers and losers were equal at 161, while 295 counters were unchanged,1,610 untraded and nine suspended.
Turnover increased to 453.91 million units worth RM165.38 million.
The ringgit, meanwhile, weakened further against the United States dollar at the open, as investors adopt a cautious stance due to the surge in Malaysia’s daily Covid-19 cases to five figures for the first time yesterday.
At 9am, the local note stood at 4.1985/2020 versus the greenback from 4.1910/1930 at yesterday’s close. – Bernama, July 14, 2021
