The main index advances to 1,683.45 driven by interest in utilities and telecommunications stocks.The main index advances to 1,683.45 driven by interest in utilities and telecommunications stocks.
Bursa opens higher, extends gains on bargain hunting
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KUALA LUMPUR: Bursa Malaysia extended its gains at Thursday’s open, supported by bargain hunting in utilities and telecommunications stocks.
At 9.11am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.32 points, or 0.07%, to 1,683.45 from Wednesday’s close of 1,682.13.
The index opened 2.32 points higher at 1,684.45.
Market breadth was positive, with gainers outnumbering decliners 228 to 116. A total of 250 counters were unchanged, 2,157 untraded and 40 suspended.
Turnover amounted to 169.06 million shares valued at RM103.08 million.
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