NSTbusiness: On the broader market, gainers led losers 231 to 55, with 141 counters unchanged, 1,579 untraded and 17 others suspended. BursaMalaysia FBMKLCI
At 9.04 am, the FTSE Bursa Malaysia KLCI gained 1.02 points to 1,431.49 from 1,430.47 at Tuesday close.At the opening bell, the FBM KLCI opened 0.88 points better at 1,431.35.
“As markets condition appears to be on a lookout for stability, we think the investors may continue their quest on nibbling beaten-down stocks,” it said in a note today. Malacca Securities added that the recovery may also prompt quick profit-taking activities as markets are still finding their bottom.
Of the actives, energy-related sectors; Perdana Petroleum, Dayang Enterprise and Bumi Armada improved half-a-sen, six sen and one sen each to 17.5 sen, RM1.38 and 18.5 sen respectively.
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