Bursa rebounds to open higher

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KUALA LUMPUR (Aug 9): Bursa Malaysia rebounded from last week’s close to kick off the week higher, driven by renewed buying interest in selected heavyweights due to lower stock prices, dealers said.


At 9.16am, the benchmark FBM KLCI had risen 4.87 points to 1,494.67 from last Friday’s close at 1,489.80.

The index opened 1.96 points better at 1,491.76.


On the broader market, gainers surpassed losers 276 versus 215, while 338 counters were unchanged, 1,366 untraded and 11 others suspended.

Turnover stood at 437.98 million units worth RM24.28 million.-BERNAMA