Bursa opens slightly higher

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KUALA LUMPUR (Sept 6): Bursa Malaysia opened slightly higher today despite a flat performance on Wall Street last Friday and weakened US Treasury yields.


Investors were digesting a much-weaker-than-expected US jobs report for the world’s largest economy, which added 235,000 jobs in August, far fewer than the forecast for an increase of 720,000, dealers said.

At 9.22am, the benchmark FBM KLCI had edged up 0.55 of a point to 1,589.74 from last Friday’s close at 1,589.19.

It opened 1.48 points better at 1,590.67.


Market breadth was positive with gainers leading losers 328 to 262, while 362 counters were unchanged, 1,286 untraded and 17 others suspended.

Turnover stood at 721.03 million units worth RM335.99 million.-BERNAMA