Bursa Malaysia opens higher

 Publish date: Thu, 17 Sep 2020, 9:42 AM

KUALA LUMPUR: Bursa Malaysia opened higher today, extending its gains for the fourth consecutive day, as major glove makers, including Top Glove, rebounded from previous losses, while Hartalega continued to trade stronger.
At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.16 points to 1,534.44 from Tuesday's close of 1,531.28.
It opened 9.86 points stronger at 1,541.14.
On the broader market, market breadth was positive with gainers thumping losers 343 to 121, while 283 counters were unchanged, 1,307 untraded and 20 others suspended. 
Malacca Securities said the impending release of Top Glove's financial performance may also provide fresh leads to extend the upside.
The world's largest rubber glove manufacturer is set to release its 2020 results today.
 - Bernama


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