Malaysian Bar tells court it has statutory obligation to uphold cause of justice in bid to challenge AG over Ahmad Zahid’s DNAA in Yayasan Akalbudi caseAt 9.22am, the FTSE Bursa Malaysia KLCI rose 4.86 points to 1,549.62 from yesterday's close of 1,544.76.
On the broader market, gainers led losers 253 to 242, while 315 counters were unchanged, 1,566 untraded, and 21 others suspended.Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said although the market opened higher, the overall sentiment remained jittery and there was a bias that investors might eventually go for stocks with high cash reserves.
"Bursa Malaysia continued its upbeat momentum to end higher for the second straight day on Thursday, due to an improvement in sentiment and a resurgence in bargain-hunting following the recent downturn,” it said. As for the actives, Ingenieur Gudang and TWL were flat at 14 sen and three sen respectively, Awanbiru lost 12 sen to 20 sen while Pan Malaysia was up 1.5 sen to 21 sen.