Bursa Malaysia opens higher on positive sentiment from Wall Street, China

KUALA LUMPUR, Jan 30 — Bursa Malaysia opened higher this morning, fuelled by the positive sentiment on Wall Street last Friday and China’s economic recovery theme.

Global stock markets could see further recovery on the back of decent US economic data, coupled with the continuing recovery theme from China. Among the heavyweight counters, Maybank and Public Bank added three sen each to RM8.77 and RM4.28, respectively. Petronas Chemicals and CIMB both advanced one sen at RM8.49 and RM5.75, respectively, while Tenaga Nasional dropped three sen to RM9.52.

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