KUALA LUMPUR, May 5 — Bursa Malaysia opened higher in line with an overnight rally in the Wall Street. At 9.05 am, key index FTSE Bursa Malaysia KLCI (FBM KLCI) gained 6.92 points to 1,383.51 from Monday's close of 1,376.59. The FBM KLCI opened 2.16 points higher at 1,378.75. Market breadth was...
KL shares received a boost from a postive Wall Street close overnight to open higher. — Picture by Firdaus Latif
At 9.05 am, key index FTSE Bursa Malaysia KLCI gained 6.92 points to 1,383.51 from Monday's close of 1,376.59. The FBM KLCI opened 2.16 points higher at 1,378.75. “The lower liners and broader market shares were not spared from the selling pressure as investors locked in their recent gains over the past month. Nevertheless, rotational play powered the construction sector higher on the back of resumption of construction activities, albeit not at full pace,” said Malacca Securities in a note today.
MISC, Axiata, CIMB, Sime Darby Plantation were all flat at RM7.80, RM3.79, RM3.41, and RM4.76, respectively.
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