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Bursa Malaysia rebounds after opening lower

KUALA LUMPUR: Bursa Malaysia rebounded after starting the day lower, with the key index trading above the 1,500-level, supported by continuous buying in plantation and healthcare counters.

At 9.15am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 1.187 points to 1,508.44, from Friday's close of 1,507.26.

The index opened 1.31 points weaker at 1,505.95.

On the broader market, gainers outpaced losers 264 to 246, while 293 counters were unchanged, 1,129 were untraded and 18 others were suspended.

Turnover stood at 682.51 million units worth RM337.31 million.

Among Bursa Malaysia's heavyweights, Maybank slipped three sen to RM7.63, while TNB gained four sen to RM11.84, Public Bank went up eight sen to RM16.66 and Petronas Chemicals and IHH Healthcare improved 10 sen each to RM6.37 and RM5.50 respectively.

Of the most active, MQ Technology and Key Alliance gained one sen each to six sen and 8.5 sen respectively, Careplus added five sen to RM1.46 while KNM was flat at 24.5 sen.

On the index board, the FBM Emas Index was up 13.78 points at 10,614.38, the FBMT 100 Index increased 9.67 points to 10,459.15 and the FBM 70 advanced 17.92 points to 12,974.44.

The FBM Emas Shariah Index was 28.30 points better at 12,030.38, and the FBM ACE perked 55.73 points to 6,108.59.

Sector-wise, the Industrial Products and Services Index earned 0.45 point to 135.64, the Financial Services Index depreciated 11.93 points to 12,966.32, while the Plantation Index declined 36.36 points to 6,761.19. - BERNAMA

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