KUALA LUMPUR: Bursa Malaysia and the ringgit began the last trading day of the Lunar Year of the Tiger on a positive note, extending the good run from yesterday to post marginal gains.
The market will be closed on Monday and Tuesday as the nation ushers in the Year of the Rabbit.
On Bursa, buying momentum in selected heavyweights continued despite the cautious sentiment in regional markets, according to dealers.
The benchmark FBM KLCI was up 1.63 points to 1,497.85 at 9.15am from 1,496.22 at yesterday’s close.
The market bellwether opened 0.66 point better at 1,496.88.
Renewed buying interest helped the ringgit to build on its gains from yesterday to open higher against the greenback.
At 9am, it appreciated to 4.2975/4.3015 against the greenback from yesterday’s close of 4.3050/4.3100.