Bursa Malaysia opens slightly higher, tracking mixed Wall Street as US Fed decision looms

Bursa Malaysia Opening News

Bursa Malaysia opens slightly higher, tracking mixed Wall Street as US Fed decision looms
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KUALA LUMPUR, Sept 17 — Bursa Malaysia traded slightly higher in early action, tracking mixed overnight performance on Wall Street ahead of the US Federal Reserve’s interest...

‘Take care of my child when I die’: Touched by poverty-stricken family, Steven Sim offers to cover 21-year-old’s software engineering educationAt 9.05 am, the FTSE Bursa Malaysia KLCI rose 0.17 per cent or 2.80 points to 1,654.95 from Friday’s close of 1,652.15. — Picture by Hari AnggaraKUALA LUMPUR, Sept 17 — Bursa Malaysia traded slightly higher in early action, tracking mixed overnight performance on Wall Street ahead of the US Federal Reserve’s interest rate decision tomorrow.

Across the broader market, gainers outnumbered losers 196 to 96, with 225 counters unchanged, 1,988 untraded and seven suspended.Rakuten Trade Sdn Bhd’s equity research vice-president, Thong Pak Leng, said the market could see more foreign funds flowing into Asia, anticipating a possible interest rate cut by the US Federal Reserve this week.IHH Healthcare led the heavyweight counters, rising 17 sen to RM6.95, followed by CIMB, which added nine sen to RM8.25.

Among the active counters, Top Glove surged 22 sen to RM1.14, Careplus gained five sen to 31 sen, Supermax soared 15.5 sen to 94.5 sen, LKL International added one sen to 12 sen, and Hartalega strengthened by 71 sen to RM3.13. The FBM 70 Index appreciated 290.76 points to 17,572.64, while the FBM ACE Index put on 8.55 points to 5,092.79.

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