Bursa Malaysia opens higher as market tracks Wall Street’s positive momentum

KUALA LUMPUR, Sept 29 — Bursa Malaysia opened higher today, tracking Wall Street which closed broadly higher last week, said an analyst.

At 9.05am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 2.56 points to 1,611.61 from last Friday’s close of 1,609.50.

The benchmark index was 0.70 of a point higher at 1,609.75 at the opening.

Market breadth was positive, with gainers outnumbering losers 206 to 123, while 316 counters were unchanged, 2,003 untraded and 124 suspended.

Turnover stood at 247.78 million units worth RM66.90 million. — Bernama