KUALA LUMPUR, Aug 17 ― Bursa Malaysia opened higher, with the key index rising by 0.34 per cent on bargain-hunting activities. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) advanced 5.15 points to 1,508.05 from Monday’s close of 1,502.90. The index opened 2.37 points higher...
KUALA LUMPUR, Aug 17 ― Bursa Malaysia opened higher, with the key index rising by 0.34 per cent on bargain-hunting activities.
“It is also interesting to note that foreign funds were net buyers despite the uncertainty on the political front. For today, we would expect trading on the local bourse to stabilise and see the index hovering within the 1,500-1,510 range,” it added. Of the actives, Tanco and Mobilia bagged 1.5 sen each to 23 sen and 55.5 sen, respectively, TFP Solutions rose one sen to 21.5 sen, and KNM was flat at 22 sen.
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