KUALA LUMPUR (Oct 13): The FTSE Bursa Malaysia KLCI (FBM KLCI) rebounded to open marginally higher on Thursday (Oct 13), supported by bargain-hunting activities despite the cautious sentiment on Wall Street overnight, a dealer said. At 9.10am, the benchmark FBM KLCI rose by 1.9 points to 1,382.47 from Wednesday's close of 1,380.57. The benchmark index opened 4.29 points higher at 1,384.86. “On the home front, despite the weak market undertone, we reckon some bargain hunting will emerge in the FBM KLCI after three consecutive days of declines. Among the heavyweights, Malayan Banking Bhd (Maybank) eased by one sen to RM8.50, while Public Bank Bhd gained one sen to RM4.23, CIMB Group Holdings Bhd rose one sen to RM5.31, and IHH Healthcare Bhd increased one sen to RM5.55.
