Bursa Malaysia opens lower but rebounds thereafter

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KUALA LUMPUR (Jan 13): Bursa Malaysia opened slightly lower on Thursday (Jan 13) but rebounded thereafter, supported by renewed buying interest in selected heavyweights, dealers said.

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At 9.27am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 0.76 of-a-point to 1,563.96 from 1,563.2 at Wednesday’s close.

The index opened 1.24 points lower at 1,561.96.

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On the broader market, gainers surpassed losers 242 to 206, while 288 counters were unchanged, 1,531 untraded and 40 others suspended.

Turnover stood at 435.01 million units worth RM156.17 million.-BERNAMA