KUALA LUMPUR: Bursa Malaysia followed key Asian markets higher early Monday as buying returned to blue chips including Petronas-linked stocks, Public Bank and Hartalega.
At 9.15am, the FBM KLCI was up 4.67 points or 0.29% to 1,598.42. Turnover ws 1.09 billion shares valued at RM391.26mil. Advancers led decliners two to one or 438 gainers to 219 losers and 381 counters unchanged.
Reuters reported a broad gauge of Asian shares edged up to record highs in the morning as hopes for imminent coronavirus vaccines buoyed investor sentiment, but worries over the impact of economic lockdowns and uncertainty over US stimulus capped gains.
MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.38%, pushing past a previous record high touched on Friday.
...