KL shares stay positive at midday, tracking regional markets

SHARES on Bursa Malaysia continued their upward momentum at midday today, tracking the positive performance of regional bourses.

A dealer said the market sentiment was buoyed by the overnight rally on Wall Street, particularly the Dow Jones Industrial Index which surged nearly 700 points to end at 22,327.5.

At 12.30pm, the FBM KLCI rose by 8.55 points, or 0.64% to 1,337.43 from 1,328.88 at Monday’s close.

The key index opened 7.72 points stronger at 1,336.60, and hovered between 1,335.91 and 1,352.20 during the morning session.

On the broader market, advancers beat decliners 576 to 177, while 264 counters were unchanged, 981 not traded and 96 others suspended.

Turnover amounted to 1.84 billion shares worth RM1.04 bil. — March 31, 2020, Bernama

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