KUALA LUMPUR – Bursa Malaysia opened higher today, boosted by the elevated commodity prices and net buying by foreign funds, a dealer said.
At 9.05am, the benchmark FTSE Bursa Malaysia KLCI rose 8.03 points to 1,604.47 from 1,596.44 at yesterday’s close.
The index opened 4.69 points better at 1,601.13.
Market breadth was positive with gainers edging past losers 174 to 161, while 222 counters were unchanged, 1,690 untraded and 18 others suspended
Turnover stood at 167.07 million units worth RM96.86 million.
Meanwhile, the ringgit retreated from two consecutive days of gains to open lower against the US dollar today, due to subdued demand as well as the rising geopolitical tensions, dealers said.
At 9.00am, the local note stood at 4.1945/1980 versus the greenback from yesterday’s close of 4.1920/1945. – Bernama, March 2, 2022
