KUALA LUMPUR – Bursa Malaysia started the morning session today on a positive note, extending yesterday’s rally, with the trend expected to continue, taking cues from Wall Street’s positive performance overnight.
At 9.05am, the benchmark FTSE Bursa Malaysia KLCI earned 5.04 points to 1,538.95 after the key index closed 17.46 points higher at 1,533.91 yesterday.
The index opened 2.07 points higher at 1,535.98.
On the broader market, gainers led losers 190 to 91, while 191 counters were unchanged, 1,838 untraded and 16 others suspended.
Turnover stood at 108.64 million units valued at RM51.91 million.
Meanwhile, the ringgit climbed against the US dollar at the open today, despite some strength gained by the greenback from the rising US Dollar Index, which rose by 0.07% to 96.085 points amid thin liquidity in the markets, said an analyst.
At 9am, the local note rose to 4.1810/1840 versus the greenback from 4.1815/1850 at yesterday’s close.
Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the US dollar also appears to be rising against the euro, Japanese yen and British pound. – Bernama, December 28, 2021
