Bursa edges higher ahead of Budget, OPR

TheStar Tue, Nov 03, 2020 09:28am - 3 years View Original


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KUALA LUMPUR: Bursa Malaysia edged higher in early Tuesday trade ahead of the Monetary Policy Committee meeting decision on interest rate and Budget proposals on Friday.

At 9.15am, the FBM KLCI was up 2.21 points or 0.15% to 1,468.67. Turnover was 864.86 million shares valued at RM303.08mil. There were 393 gainers, 133 losers and 264 counters unchanged.

In Asia, investors shrugged off US election jitters and took hope in strong factory output data in China, Europe and the United States, although the dollar and gold firmed on political uncertainty.

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