Bursa posts modest gains in early trade

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KUALA LUMPUR (Aug 24): Bursa Malaysia posted modest gains in early trade today as a little profit taking kicked in after two days of an uptrend.

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At 9.11am, the benchmark FBM KLCI had risen 0.76 of a point to 1,523.19 from yesterday’s close at 1,522.43.

The market bellwether opened 1.78 points higher at 1,524.21.

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Market breadth remained positive, with gainers surpassing decliners at 265 versus 172, while 284 counters were unchanged, 1,498 untraded and six others suspended.

Turnover stood at 367.22 million shares worth RM174.50 million.-BERNAMA