KUALA LUMPUR (April 15): Bursa Malaysia was higher this morning, in line with regional peers, lifted by better market sentiment as fears over United States high inflation subsided, dealers said.
At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) gained 1.91 points to 1,600.19 from Wednesday’s close of 1,597.71.
The index opened 1.53 points higher at 1,599.81.
The rise in composite index was largely supported by gains in rubber glove stocks and other selected heavyweights.
Supermax and Top Glove rose six sen each to RM4.66 and RM5.19, respectively, and Hartalega picked up three sen to RM9.50.
Market breadth turned positive with gainers leading losers 212 to 180, while 309 counters were unchanged, 1,476 untraded and 25 others suspended.
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