Bursa and ringgit extend gains

Bursa and ringgit extend gains

Local note benefits from a shift in focus away from safe havens while a slight pick-up in interest in heavyweights gives the FBMKLCI a little boost.

KUALA LUMPUR:
Bursa Malaysia and the ringgit extended their good run from yesterday to open marginally higher at the start of trading this morning.

A shift away from safe havens that added pressure on the US dollar gave the ringgit a boost.

On the stock exchange, a mild buying momentum in selected heavyweights pushed the benchmark FBMKLCI a tad higher than yesterday’s close.

On the broader market, gainers also outpaced losers almost three to one.

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