Kuala Lumpur: Bursa Malaysia’s benchmark index opened higher on Tuesday, buoyed by mixed performances on Wall Street and regional markets. Sentiment was tempered by concerns that US interest rate cuts could be more gradual than anticipated.
At 9.10am, the FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 1,628.54, rising 3.07 points from Monday’s close of 1,625.47.
AdvertisementThe index had initially opened 0.97 of-a-point lower at 1,624.50.
Across the broader market, gainers led losers 253 to 130, with 323 counters unchanged, 1,647 untraded, and 10 suspended.