The main index rises 7.50 points to 1,691.13, supported by the ongoing AI-driven supercycle.The main index rises 7.50 points to 1,691.13, supported by the ongoing AI-driven supercycle.
Bursa gains at open on renewed tech stock buying
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KUALA LUMPUR: Bursa Malaysia opened higher on Monday, tracking overnight gains on Wall Street as investors returned to technology stocks, which continue to benefit from the ongoing artificial intelligence (AI) supercycle.
At 9.10am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 7.50 points to 1,691.13 from last week’s close of 1,683.63.
The key index had opened 6.76 points up at 1,690.39.
Market breadth was positive, with gainers leading losers 349 to 160. A total of 273 counters were unchanged, 1,915 untraded and 36 suspended.
MORE TO COME
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