Wall Street rally lifts Bursa at open

Bursa Malaysia rebounded from last week’s losses to open higher on Monday, taking its cue from overnight gains on Wall Street.

KUALA LUMPUR: Bursa Malaysia rebounded from last week's losses to open higher on Monday, taking its cue from overnight gains on Wall Street.

At 9.10am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 4.03 points, or 0.26 per cent, to 1,537.79 from Friday's close of 1,533.76.

The benchmark index had opened 4.29 points firmer at 1,538.05.

Market breadth was positive, with 224 gainers leading 133 losers. Another 293 counters were unchanged, 1,904 untraded, and 43 suspended.

Turnover totalled 182.48 million shares worth RM110.09 million.

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