Bursa Malaysia remained higher at midday on Thursday, buoyed by continuous bargain-hunting activities led by utilities, construction, and banking counters.
At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 0.54% or 7.99 points to 1,470.36 from Wednesday’s close of 1,462.37.
The benchmark index opened 0.48 of a point higher at 1,462.85 and moved between 1,461.03 and 1,470.36 throughout the morning session.
On the broader market, gainers beat losers 543 to 407, while 419 counters were unchanged, 851 untraded and 16 others suspended.
Turnover stood at 3.76 billion units worth RM1.91 billion, Bernama reported.