Bursa Higher At Midday On Return Of Buying Support

Bursa Malaysia ended the morning session higher on Tuesday as buying support returned after the extended Chinese New Year break, led by the construction, property, and utility sectors.

At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) gained 14.97 points to 1,527.25 from Friday’s (Feb 9) close of 1,512.28.

The barometer index opened 0.35 of a point higher at 1,512.63 — the lowest level during the session —  and hit as high as 1,527.59.

Market breadth was positive with gainers outpacing decliners 499 to 317 while 363 counters were unchanged, 1,108 untraded and 11 others suspended, Bernama reported.

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