Bursa slightly higher in early trade

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KUALA LUMPUR (Aug 3): Bursa Malaysia was slightly higher in early trade today, reversing yesterday’s downtrend as market sentiment improved on hopes for stimulus packages from the United States and China, coupled with a decline in daily local COVID-19 cases, dealers said.


At 9.06 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) added 0.44 of-a-point to 1,493.44 from Monday’s close of 1,493.0.

The index opened 0.15 of-a-point better at 1,493.15.


Health director-general Tan Sri Dr Noor Hisham Abdullah was reportedly as saying that the number of daily COVID-19 cases in Malaysia dropped on Monday to 15,764 compared with 17,150 a day earlier.- BERNAMA

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