KUALA LUMPUR: Bursa Malaysia chalked up mild gains early Friday, underpinned by Public Bank and Axiata, as investor sentiment was shored up by the late rally on Wall Street and firmer key Asian markets.
At 9.11am, the FBM KLCI was up 4.55 points or 0.31% to 1,493.75. Turnover was 462.46 million shares valued at RM139.02mil. There were 283 gainers, 124 losers and 239 counters unchanged.
Bloomberg reported Asian stocks opened higher after a late rally in US shares, as investors weighed the prospects for additional stimulus against the spike in American virus cases. The dollar edged up.
South Korean shares began with a gain of more than 1%, with an advance in Japan and Australia more modest. S&P 500 contracts were flat after a rally in the final hour of a choppy session left the index up about 1%
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