Bursa Higher At Midday On Buying Support In Heavyweights

Bursa Malaysia ended the morning session higher, supported by buying in heavyweight stocks.

At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) improved 4.79 points to 1,467.24 from Friday’s (Dec 15) close of 1,462.45.

CIMB Group Holdings Bhd, which perked 11 sen to RM5.94, pulled the composite index up by 1.92 points.

The barometer index opened 0.89 of a point lower at 1,461.56 and moved between 1,460.42 and 1,467.84 during the session. 

In the broader market, decliners outpaced gainers 385 to 275, while 584 counters were unchanged, 1,076 untraded and 27 others suspended.

Turnover stood at 2.73 billion units valued at RM1.61 billion, Bernama reported.

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