KUALA LUMPUR, May 8 ― Share prices on Bursa Malaysia rebounded from yesterday’s losses to open higher today on fresh buying interest, dealers said.

At 9:15 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,863.1 points, up 2.67 points, after opening 1.23 points better at 1,861.66 points.              

Market breadth was positive, with gainers leading losers 179 to 70, while 180 counters were unchanged, 1,188 untraded and 26 others were suspended.

Turnover stood at 141.08 million shares worth RM61.75 million.

RHB Retail Research said selling pressure should remain intact as long as the index stayed below 1,870 points.

On the scoreboard, the Plantation Index rose 12.14 points to 9,083.21 points, the Finance Index was 23.23 points higher at 16,961.52 points but the Industrial Index slipped 1.48 points to 3,174.71 points.

The FBM Emas Index added 16.85 points to 12,881.66, the FBMT100 Index gained 16.69 points to 12,533.35, the FBM 70 improved 13.57 points to 14,004.22 points and the FBM Ace jumped 61.65 points to 6,606.53 points.

Heavyweights, Maybank earned one sen to RM9.79, Public Bank advanced four sen to RM20.08, TNB rose two sen to RM11.96 while CIMB was flat at RM7.33.

Among actives, 1Utopia, PDZ Holdings and K-One Technology were flat at 6.5 sen, 16.5 sen and 42.5 sen, respectively, while Ideal Sun City added 4.5 sen to 32 sen. ― Bernama