Business

Bursa rebounds after opening slightly lower

Developments in potential Covid-19 vaccine see traders buoyed

Updated 5 years ago · Published on 17 Nov 2020 9:45AM

Bursa rebounds after opening slightly lower
Total volume on Bursa stands at 2.78 billion worth RM858.26 million this morning. – Facebook pic, November 17, 2020

KUALA LUMPUR – Bursa Malaysia opened slightly lower today, but rebounded within minutes of trading as investors remained positive about the bullish global economic outlook, following further developments over a potential Covid-19 vaccine.

At 9.15am, the benchmark index FTSE Bursa Malaysia KLCI (FBM KLCI) earned 0.02 of a point to 1,599.68, after opening 0.04 of a point lower at 1,599.62.

Gainers led losers 434 to 373, while 327 counters were unchanged, 1,030 untraded and 18 suspended.

Total volume stood at 2.78 billion worth RM858.26 million. – Bernama, November 17, 2020

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