Bursa opens higher ahead of Budget 2023 tabling

Bursa opens higher ahead of Budget 2023 tabling

Meanwhile, ringgit flat against US dollar at 9am

KUALA LUMPUR – Bursa Malaysia opened higher today, ahead of the tabling of Budget 2023 tomorrow, an analyst said. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI advanced by 3.34 points to 1,423.89 from yesterday’s close of 1,420.55.

The benchmark index opened 4.2 points better at 1,424.75.

On the broader market, gainers led decliners 127 to 80, while 197 counters were unchanged, 1,943 untraded and seven others suspended. Turnover stood at 177.53 million units worth RM44.06 million.

Meanwhile, the ringgit opened flat against the US dollar this morning amidst better United States ADP non-farm employment data.

At 9am, the local currency stood at 4.6295/6335 against the greenback from yesterday’s close of 4.6290/6315.

– Bernama, October 6, 2022

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