Bargain hunting drives Bursa Malaysia to open higher | Malay Mail

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KUALA LUMPUR, July 21 ― After a market pullback yesterday, Bursa Malaysia opened in blue driven by mild bargain hunting on selected stocks. As at 9.03am, the main index FTSE Bursa Malaysia KLCI (FBM KLCI) was 2.28 points higher at 1,591.73 compared with yesterday's close of 1,589.45. The index...

As at 9.03am, the main index FTSE Bursa Malaysia KLCI was 2.28 points higher at 1,591.73 compared with yesterday's close of 1,589.45. — Reuters pic

“This is demonstrated by the rising trading activities as of late which may see rotational play to stay firm over the foreseeable future,” it said. “As we had witnessed another record high in trading volume yesterday, we expect that the market would be quieter today until further catalyst is provided or another major corporate announcement takes place,” she said.

 

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