Bursa Malaysia opens slightly higher

Bursa Malaysia opens slightly higher

KUALA LUMPUR: Bursa Malaysia opened slightly higher today, lifted by mild buying in selected heavyweights led by Maybank, Genting, PetChem and TNB.

Despite this slight increase, analysts are still projecting another volatile session for regional markets today, including Bursa Malaysia, for which the support level is expected to be at 1,320.

At 9.12am, key index FTSE Bursa Malaysia KLCI (FBM KLCI) gained 2.24 points, or 0.16 per cent to 1,332.89 from 1,330.65 at Friday’s close.

The key index opened 1.96 points firmer at 1,332.61.

On the broader market, gainers outnumbered losers 196 to 53, while 172 counters were unchanged, 1,500 untraded and 21 others suspended.

Turnover stood at 192.26 million worth RM49.03 million. – Bernama

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