Bursa Malaysia remained in positive territory at the midday break on Wednesday, supported by continuous buying in selected heavyweight counters, especially in the telecommunications and media sectors.
The positive sentiment was also in tandem with the upbeat performance of regional peers.
At 12.30pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 6.95 points, or 0.45% to 1,568.59 from Tuesday’s close of 1,561.64.
The benchmark index opened 3.85 points higher at 1,565.49 and moved between 1,564.89 and 1,571.04 throughout the morning trading session.
On the broader market, gainers led decliners 617 to 303, while 460 counters were unchanged, 984 untraded and 21 others suspended. Turnover amounted to 2.57 billion units worth RM1.27 billion, Bernama reported.
