Business

Bursa opens lower, but rebounds thereafter

Recovery boosted by mild buying in selected heavyweights, dealers say

Updated 4 years ago · Published on 21 Dec 2021 9:48AM

Bursa opens lower, but rebounds thereafter
At 9.27am, the benchmark FTSE Bursa Malaysia KLCI added 0.53 of-a-point to 1,494.43, compared with 1,493.90 yesterday. – The Vibes file pic, December 21, 2021

KUALA LUMPUR – Bursa Malaysia opened lower but slightly rebounded thereafter, supported by mild buying in selected heavyweights following the recent losses, dealers said.

At 9.27am, the benchmark FTSE Bursa Malaysia KLCI added 0.53 of-a-point to 1,494.43, compared with 1,493.90 yesterday.

The index opened 1.10 points weaker at 1,492.80.

On the broader market, however, losers led gainers 217 to 155, while 267 counters were unchanged, 1,661 untraded and 15 others suspended.

Turnover stood at 339.32 million units valued at RM221.60 million. – Bernama, December 21, 2021

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