KUALA LUMPUR: Bursa Malaysia opened slightly higher today, taking its cue from Wall Street’s positive performance as traders remained optimistic that the Federal Reserve may pursue a less aggressive monetary stance next week, according to a dealer.
“For today, we reckon sentiment to turn cautious as regional markets may see mixed performances, thus expect the index to hover within the 1,400-1,410 range,” he told Bernama. Of the actives, Classita Holdings improved 2.5 sen to 25 sen, Advance Synergy increased 1 sen to 17.5 sen, UEM Sunrise added 0.5 sen to 39 sen, while Tanco was flat at 55.5 sen and Ta Win slipped 0.5 sen to 4.5 sen.
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