KUALA LUMPUR, May 20 ― Share prices on Bursa Malaysia opened higher, after two consecutive days of losses,  on renewed buying interest as traders picked up 'good bargains' on market weakness, dealers said.

At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was two points better at 1,811.72 after opening 2.35 points higher at 1,812.07.

He said that the global economic landscape was positive, riding on the Eurozone's positive outlook as Greece's bailout discussions indicated some progress.

“European Central Bank policy makers shall be meeting up on Wednesday and shall look for solutions,” he added.

On the scoreboard, the FBM Emas Index added 12.41 points to 12,511.2, the FBMT100 Index increased 11.29 points to 12,183.37 and FBM 70 improved 4.49 points to 13,600.58.

The FBM Emas Syariah Index gained 14.89 points to 13,010.04 and the FBM Ace chalked up 15.26 points to 7,225.5.

On a sectoral basis, the Plantation Index appreciated 5.59 points to 7,531.02, the Finance Index firmed 8.58 points to 16,136.65 and the Industrial Index increased 13.64 points to 3,283.58.

Gainers led losers 110 to 57 with 140 counters unchanged, 1,497 untraded and 19 others were suspended.

Turnover stood at 86.81 million shares worth RM31.25 million.     

Among heavyweights, TNB added four sen to RM14.02, Public Bank garnered eight sen to RM19.26, Sime Darby was up five sen to RM9.00 and Maxis improved six sen to RM7.05.

Axiata and CIMB was flat at RM6.75 and RM6, respectively.        

Maybank, however was down two sen at RM9.32.   

For actively-traded stocks, RGB International earned half-a-sen to 17 sen while Malakoff was down two sen at RM1.74.

DGB Asia, Kanger and Nexgram were all flat at eight sen, 21 sen and 13 sen, respectively. ― Bernama