Bursa Malaysia rebounds to open higher

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KUALA LUMPUR (Aug 13): Bursa Malaysia rebounded from yesterday’s losses to open higher, driven by renewed buying interest amidst mixed sentiment on the domestic economic outlook, dealers said.

At 9.15 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.08 points to 1,505.05 from Thursday’s close of 1,501.97.

The index opened 1.39 points better at 1,503.36.

On the broader market, gainers surpassed losers 238 versus 148, while 284 counters were unchanged, 1,546 untraded and 32 others suspended.

Turnover stood at 361.36 million units worth RM148.99 million.-BERNAMA

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