KUALA LUMPUR: Bursa Malaysia started the week on a firmer note on Monday as the FBM KLCI advanced on gains by Hong Leong Bank, tracking the steady key Asian markets.
At 9.44am, the KLCI was up 6.56 points or 0.41% to 1,622.25. There were 2.55 billion shares valued at RM1.03bil. There were 486 gainers, 346 losers and 389 counters unchanged.
Global stock prices were off to a solid start while U.S. bond yields hovered near a 13-month peak on Monday as investors bet U.S. economic growth will accelerate after the passing of a massive stimulus package.
U.S. S&P500 futures rose 0.25% in early Asian trade, trading just below a record high level touched last week, while Japan's Nikkei ticked up 0.1%
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