Bursa Malaysia Settles Higher at Lunch Break
Bursa Malaysia ended the morning trading session higher, following regional peers, after taking a cue from Wall Street's stronger overnight performance.
Persistent buying of heavyweight stocks, led by Petronas Chemicals, MISC, Tenaga Nasional, and financial sector stocks, lifted the barometer index. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.53 points to 1,611.53.
- Benchmark index opened 0.97 points weaker at 1,607.03
- Moved between 1,607.03 and 1,612.77 during the morning session
- Gainers outpaced decliners 511 to 374
- 490 counters unchanged, 1,321 untraded, and 12 others suspended
- Turnover stood at 1.82 billion units valued at RM1.08 billion
Author's summary: Bursa Malaysia rises at lunch break.