Bursa Malaysia opens higher ahead of OPR decision

The FBM KLCI added 1.69 points to 1,417.64 at 9.07am.

The index opened 0.26 of-a-point better at 1,416.21.

TA Securities said the key index chart supports remain the recent low of 1,391 and last October's low of 1,372, which must hold to prevent test of stronger chart supports at 1,350, 1,320 and 1,300. “Immediate overhead resistance stays at 1,450, followed by the leveling 200-day moving average at 1,456, with 1,480 and 1,500 acting as stronger resistance levels,” it said.

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