Bursa Ends Morning Session Higher After Fed Held Rates

Bursa Malaysia ended the morning trading session on a good note on Thursday, supported by positive market sentiments, after the US Federal Reserve (Fed) decided to keep its interest rates unchanged.

At 12.30pm, the FBM KLCI had improved 5.78 points to 1,453.82, compared with 1,448.04 chalked up at Wednesday’s close.

The benchmark index opened 0.84 point better at 1,448.88, and moved between 1,448.14 and 1,456.26 throughout the morning session. 

On the broader market, gainers surpassed losers 469 to 343, while 419 counters were unchanged, 1,113 untraded, and 37 others suspended.

Turnover stood at 2.57 billion units valued at RM1.37 billion, Bernama reported.

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