KUALA LUMPUR: Bursa Malaysia opened marginally higher today, supported by renewed buying in selected heavyweights amidst improving regional sentiment.
“Investors may also focus on fundamentally solid companies which have earnings growth over the past two quarters,” it said in a note today. “However, the energy sector is likely to be under pressure amid falling Brent crude prices,” it added. Of the actives, Kinergy Advancement and Econpile advanced 0.5 sen to 34 sen and 32 sen, respectively, Southern Cable gained 1.5 sen to 38 sen, Tanco was flat at 55 sen and Sarawak Consolidated slid 0.5 sen to 49 sen.