Bursa Trends Higher At Midday, Tracking Wall Streets Firm Close

Bursa Malaysia was higher at midday on Thursday on persistent buying interest led by telecommunications, finance and utilities counters as it tracked the firmer close on Wall Street.

At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was up 0.25%, or 3.7 points to 1,439.03 from Wednesday’s closing of 1,435.33.

The benchmark index opened 0.61 of a point higher at 1,435.94 and moved between 1,435.86 and 1,447.35 throughout the session. 

On the broader market, gainers surpassed decliners 458 to 307, while 369 counters were unchanged, 1,216 untraded and 14 suspended.

Turnover stood at 1.9 billion units worth RM1.01 billion.

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