Bursa Malaysia rebounds as lower oil and easing US yields spur tech bargain hunting

Bursa Malaysia opened higher on September 18, 2021, as lower oil prices, easing US Treasury yields, and resilient labour market data encouraged bargain hunting in technology and semiconductor shares. At 9:10 am, the benchmark FTSE Bursa Malaysia KLCI gained 1.11 points, or 0.06 per cent, to 1,675.85, from yesterday's close of 1,674.74. Market breadth was positive, with gainers leading losers 276 to 111, while turnover stood at 219.07 million shares worth RM104.76 million.

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