KUALA LUMPUR: Bursa Malaysia opened lower but gained momentum thereafter on continued bargain hunting activities. At 9.24am, the FTSE Bursa Malaysia KLCI (FBM KLCI) added 1.43 points to 1,552.91 from yesterday’s close of 1,551.48, after opening 0.46 of-a-point lower at 1,551.02 this morning. Among heavyweights on Bursa Malaysia, Maybank was flat at RM8.54, Tenaga rose eight sen to RM12.72, while Public Bank and Petronas Chemicals decreased eight sen each to RM18.22 and RM6.58, respectively. The FBM 70 was 4.05 points higher at 13,794.48 and the FBM Ace increased 42.90 points to 5,587.81. Sector-wise, the Industrial Products and Services Index inched down 0.41 of-a-point to 146.30, the Financial Services Index was 9.05 points higher at 14,922.08 and the Plantation Index declined 5.58 points to 7,315.83.

Source: New Strait Times February 12, 2020 02:03 UTC