Bursa Malaysia opens higher on buying interest in most sectors

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KUALA LUMPUR, April 1 — Bursa Malaysia opened higher today supported by buying interest in most sectors, said analysts. At 9.05am, the FTSE Bursa Malaysia KLCI (FBM KLCI) added...

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At 9.05am, the FTSE Bursa Malaysia KLCI added 2.39 points to 1,538.46 from last Friday’s close of 1,536.07.On the broader market, gainers led decliners 224 to 126 while 314 counters were unchanged, 1,609 untraded and eight others suspended.Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng expects sentiment to remain soft today with the index hovering within the 1,530-1,540 range despite strong buying interests seen in the financial and telecommunications sectors last Friday.

Among the heavyweight counters, Telekom Malaysia rose 7.0 sen to RM6.06, Sime Darby and IOI Corp added 2.0 sen each to RM2.62 and RM4.00, Sime Darby Plantation increased 3.0 sen to RM4.34, and Petronas Chemicals Group gained 4.0 sen to RM6.75. On the index board, the FBM Emas Index edged up 20.57 points to 11,592.16, and the FBMT 100 Index increased by 19.32 points to 11,237.41, and the FBM Emas Shariah Index gained 20.80 points to 11,664.32.

 

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