Bursa Higher At Midday On Buying Interest In Financial Stocks

Bursa Malaysia was higher at midday on Friday (May 5), lifted by buying interest in some heavyweights led by financial stocks.

At 12.30pm, the FBM KLCI had improved 2.77 points to 1,428.76, from Wednesday’s close at 1,425.99.

The benchmark index opened 2.38 points lower at 1,423.61, and moved between 1,421.78 and 1,430.05 throughout the morning session.

However, market breadth remained negative, with decliners outpacing gainers 477 to 250, while 361 counters were unchanged, 1,143 untraded, and 11 others suspended.

Turnover stood at 1.65 billion units worth RM736.53 million.

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