Bursa Malaysia opens higher on extended bargain hunting

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KUALA LUMPUR (July 14): Bursa Malaysia opened higher today, extending yesterday’s bargain-hunting activities in selected sectors in the broader market.

At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 1.66 points better at 1,521.22 compared with Tuesday’s close of 1,519.56.

The market bellwether opened 1.21 points higher at 1,520.77.

On the broader market, gainers and losers were equal at 161, while 295 counters were unchanged, 1,610 untraded, and nine others suspended.

Turnover increased to 453.91 million units worth RM165.38 million.-BERNAMA

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