Bursa Extends Gains Led By Energy, Plantation Counters

Energy and plantation-related counters continued to lead the uptrend on Bursa Malaysia at midday as oil prices hovered close to a three-week high.

At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) garnered 8.04 points to 1,546.65 compared to Monday’s close of 1,538.61.

The benchmark index opened 0.11 of-a-point higher at 1,538.72.

Nevertheless, the market breadth continued to be tilted in favour of losers, with decliners outpacing advancers 467 to 406, while 449 counters were unchanged, 976 untraded and nine others suspended.

Turnover stood at 2.05 billion units worth RM1.19 billion, Bernama reported.

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