KUALA LUMPUR (July 5): Bursa Malaysia opened marginally higher as market sentiment may be improving as five states in the country are moving into Phase 2 of the National Recovery Plan (NRP).
At 9.05am, the benchmark FBM KLCI had risen 0.24 of a point to 1,533.59 from last Friday’s close at 1,533.35.
The market bellwether opened 0.69 of a point higher at 1,534.04.
On the broader market, gainers led losers 192 to 169, while 299 counters were unchanged, 1,513 untraded and nine others suspended.
Turnover stood at 286.43 million units valued at RM124.17 billion.
On Saturday, the National Security Council announced that Kelantan, Pahang, Perak, Terengganu and Perlis had fulfilled the three indicators of the NRP and will move into Phase 2 today.