Bursa Malaysia Rebounds To Open Higher
KUALA LUMPUR, Bursa Malaysia staged a rebound from yesterday’s losses at the opening bell today, supported by renewed buying activities in selected heavyweights amid a recovery in the regional markets, according to an analyst. At 9.15 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) jumped 4.40 points to 1,643.71 from Wednesday’s close of 1,639.31. The benchmark index had opened 1.39 points higher at 1,640.70. Market breadth was positive with advancers outpacing decliners 266 to 146, while 279 counters remained unchanged, 1,721 untraded, and nine suspended. Turnover stood at 204.34 million units valued at RM105.22 million. In a note today, Malacca