Bursa maintains uptrend at midday

KUALA LUMPUR (April 9): Bursa Malaysia ended the morning trading session in positive territory, buoyed by persistent buying of heavyweight stocks, led by the telecommunications and media sectors.

At the lunch break, the FBM KLCI was 7.39 points higher at 1,609.79 from yesterday’s close at 1,602.40.

The index opened 12.55 points higher at 1,614.95, and moved between 1,605.37 and 1,615.49 throughout the session.

However, on the broader market, losers beat gainers 523 versus 430, while 437 counters were unchanged, 767 untraded and nine others suspended.

Total volume stood at 4.05 billion shares worth RM2.51 billion.