Bargain Hunting Lifts Bursa At Midday

Bargain hunting in plantation, healthcare, and finance-related counters lifted Bursa Malaysia at midday.

At 12.30pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 2.54 points, or 0.18% firmer, at 1,445.99 from Monday’s close of 1,443.45.

The index opened 0.66 of a point easier at 1,442.79 and moved between 1,441.89 and 1,446.68 throughout the morning trading session.

However, the market breadth was negative with decliners outnumbering gainers 460 to 331 while 440 counters were unchanged, 1,157 untraded and 12 others suspended. Turnover stood at 1.83 billion units worth RM893.61 million.

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