Bursa Malaysia opens marginally higher

KUALA LUMPUR • Bursa Malaysia opened marginally higher on Wednesday, tracking the rallies on Wall Street overnight as market consensus points toward a slowdown in inflation in the coming quarters, a dealer said.  

At 9.06 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 0.07 of-a-point to 1,457.95 from Tuesday’s close of 1,457.88.

The benchmark index opened 3.25 points firmer at 1,461.13.

Market breadth was positive with gainers leading losers 164 to 113, while 235 counters were unchanged, 1,763 untraded and 19 others suspended.

Turnover stood at 220.19 million units worth RM99.86 million. — Bernama / pic MUHD AMIN NAHARUL