Bursa Malaysia opens higher on renewed buying interest

KUALA LUMPUR, July 8 ― Bursa Malaysia opened slightly higher on renewed buying interests in the local bourse.

On the broader market, gainers led losers 162 to 91, while 163 counters were unchanged, 1,824 untraded and eight others suspended.For today, Rakuten Trade Sdn Bhd vice-president of Equity Research, Thong Pak Leng said he expects some buying activities to emerge and the benchmark index to hover within the 1,415-1,430 range today.

Among the heavyweights, Maybank gained two sen to RM8.60, Public Bank rose three sen to RM4.39 and Petronas Chemicals improved nine sen to RM8.43, while CIMB was flat at RM5.09, IHH Healthcare eased two sen to RM6.31 and Hong Leong Bank fell eight sen to RM20.10.

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