KUALA LUMPUR – Bursa Malaysia opened higher, with the key index rising by 0.34% on bargain hunting activities.
At 9.05am, the benchmark FBM KLCI advanced 5.15 points to 1,508.05 from yesterday’s close of 1,502.90.
The index opened 2.37 points higher at 1,505.27.
On the broader market, gainers led losers 213 to 137, while 243 counters were unchanged, 1,607 untraded and eight others suspended.
Meanwhile, the ringgit opened marginally lower against the US as political uncertainties weighed on market sentiment, said an analyst.
At 9 am, the local note stood at 4.2370/2400 versus the greenback compared to yesterday’s close of 4.2350/2390. – Bernama, August 17, 2021
