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.

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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.

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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