Business

Bursa, ringgit higher in early trade

Gainers lead losers 224 to 175, while 254 counters are unchanged

Updated 4 years ago · Published on 25 May 2022 10:00AM

Bursa, ringgit higher in early trade
At 9.20am, the FTSE Bursa Malaysia KLCI increases 6.54 points or 0.43% to 1,537.84 from yesterday’s close of 1,531.30. – The Vibes file pic, May 25, 2022

KUALA LUMPUR – Bursa Malaysia opened higher in the early trading session today, buoyed by renewed buying interest, amid mixed sentiment in the regional markets, dealers said.

At 9.20am, the FTSE Bursa Malaysia KLCI increased 6.54 points or 0.43% to 1,537.84 from yesterday’s close of 1,531.30.

The benchmark index opened 0.47 points higher at 1,531.77.

On the broader market, gainers led losers 224 to 175, while 254 counters were unchanged, 1,656 untraded, and 24 others suspended.

Turnover stood at 288.65 million units worth RM120.54 million.

The ringgit opened marginally higher against the US dollar today on renewed buying interest amid slightly easing demand for the greenback due to softer US Treasury yields, said an analyst.

At 9.01am, the local note stood at 4.3865/3900 versus the greenback from yesterday’s close of 4.3940/3980. – Bernama, May 25, 2022

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