Bursa opens higher on positive Wall Street momentum

The main index climbs to 1,638.89 as recovering Middle East crude exports offset a continued US Treasury sell-off.

Free Malaysia Today Bernama · News & blogs · 5 hr ago · 2 min read

Key points

Among the heavyweights, Maybank and Tenaga Nasional perked up four sen each to RM10.04 and RM13.04, CIMB put on three sen to RM7.76, IHH Healthcare increased two sen to RM7.78, while Public Bank was flat at RM4.71.
Among the top gainers, Batu Kawan expanded RM1.24 sen to RM20.22, Nestle and Kuala Lumpur Kepong gained 20 sen each to RM90.20 and RM21.06, Petronas Dagangan perked up 18 sen to RM19.38, and Genting Plantations strengthened 16 sen to RM5.82.
HeiTech Padu led the decliners, falling seven sen to 88 sen, Thong Guan Industries, Sunway Construction Group, and Allianz Malaysia slipped six sen each to RM1.44, RM7.55 and RM20.74, and UMS Integration shrank four sen to RM9.36.

Sentences selected automatically from the original article by Free Malaysia Today.

KUALA LUMPUR: Bursa Malaysia opened higher on Tuesday, tracking Wall Street gains as softer oil prices offset a continued US Treasury sell-off.

At 9.21am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 7.14 points, or 0.44%, to 1,638.89 from Monday’s close of 1,631.75.

The index opened 4.63 points higher at 1,636.38.

On the broader market, gainers outpaced losers 272 to 202, with 364 counters unchanged, 1,944 untraded and 13 suspended.

Turnover stood at 440.19 million shares worth RM164.76 million.

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