Ringgit’s strength lifts bursa to open higher

KUALA LUMPUR: Bursa Malaysia opened higher today despite the weaker performance on Wall Street, supported by the stronger ringgit which continued to lift investor sentiment.

At 9.10am, the FTSE Bursa Malaysia KLCI (FBM KLCI) added 7.38 points, or 0.45%, to 1,631.95 from Monday’s close of 1,624.57.

The index had opened 2.50 points firmer at 1,627.07.

The broader market was positive, with 242 gainers outpacing 132 losers. Another 301 counters were unchanged, 2,013 untraded, and 10 suspended.

Turnover stood at 149.13 million shares worth RM121.76 million.

MORE TO COME

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