Bursa rebounds at opening, tracking the overnight surge on Wall Street

BURSA Malaysia rebounded at the opening, tracking the overnight surge on Wall Street on hopes that the Covid-19 pandemic is nearing its peak in the United States.

Dow Jones Industrial Average closed at 23,433, up by almost 780 points or 3.44 per cent.

At 9.02am, key index FTSE Bursa Malaysia KLCI (FBM KLCI) gained 6.98 points, or 0.513% to 1,368.37 from 1,368.89 at yesterday’s close.

The key index opened 7.5 points stronger at 1,368.89.

Market breadth turned positive with gainers leading losers 336 to 35, while 125 counters were unchanged, 1,423 untraded and 20 others suspended.

Turnover stood at 219.04 million worth RM63.68 mil. – April 9, 2020, Bernama

 

 

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