Bursa opens higher tracking Wall Street gains
The benchmark index moves up 5.01 points to 1,635.88 from last Friday's close of 1,630.87.
Bursa Malaysia opened higher on Monday, tracking Wall Street's gains after softer US payroll growth eased expectations of an immediate Federal Reserve rate increase. The FTSE Bursa Malaysia KLCI rose 5.01 points, or 0.31%, to 1,635.88 from last Friday's close of 1,630.87. Among the heavyweights, Maybank, Public Bank, CIMB and Tenaga Nasional gained four sen each, while IHH Healthcare decreased six sen. Sector-wise, the Financial Services Index jumped 97.59 points, and the Plantation Index gained 2.23 points.
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- Bursa opens higher tracking Wall Street gains freemalaysiatoday.com
