Bursa extends gains at opening as buying interest in commodity, O&G counters returns

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KUALA LUMPUR (May 18): Bursa Malaysia extended Tuesday’s (May 17) gains to open higher as buying interest in selected commodity and oil and gas (O&G)-related heavyweights returned.

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At 9.05am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 5.18 points to 1,553.78 from Tuesday’s close of 1,548.6.

The benchmark index opened 5.55 points higher at 1,554.15.

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On the broader market, gainers surpassed decliners 213 to 109, while 231 counters were unchanged, 1,702 untraded and 11 others suspended.

Total turnover stood at 344.01 million units worth RM95.18 million.-BERNAMA