KLCI higher at opening on positive market sentiment

KUALA LUMPUR (June 2): Shares on Bursa Malaysia were higher at opening on Wednesday with finance and healthcare stocks became the contributor, thanks to the recent stimulus package by the government that helped boost investors’ sentiment.

At 9.03am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) added 2.53 points, or 0.16 per cent, to 1,588.43 from 1,585.90 at Tuesday’s close.

The index opened 0.43 points lower at 1,585.47.

Market breadth was positive with gainers leading losers 236 to 119, while 213 counters were unchanged, 1,566 untraded and 11 others suspended.

Total volume stood at 304.28 million units worth RM123.98 million.