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Bursa opens mixed as mild bargain hunting interspersed with profit taking

KUALA LUMPUR (Aug 26): Bursa Malaysia opened mixed as mild bargain hunting was interspersed with profit taking on selected blue-chips stocks, dealers said.

At 9.05am, the FBM KLCI was 0.56 of a point firmer at 1,555.52 from yesterday’s close of 1,554.96.

The barometer index opened 0.21 of a point easier at 1,554.75.

On the broader market, gainers led losers by 238 to 175, while 284 counters were unchanged, 1,337 untraded and 33 others suspended.

Trading volume stood at 524.72 million shares worth RM240.78 million.

Source: TheEdgeMarkets