Bursa opens slightly higher on Wall Street gains, Hormuz optimism
The benchmark index edges up to 1,732.68 with gainers outnumbering losers 283 to 140.
Bursa Malaysia opened slightly higher on Wednesday, tracking gains on Wall Street and optimism over a possible agreement between the US and Iran to reopen the Strait of Hormuz, according to Free Malaysia Today. The FTSE Bursa Malaysia KLCI index edged up 0.02 of a point to 1,732.68, opening 3.70 points higher at 1,736.36. Analysts suggest that foreign funds may be returning to the local bourse, as market breadth was positive with gainers outnumbering losers.
Brief written by urgent.news from Free Malaysia Today's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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