FBM KLCI higher at midday, boosted by bargain hunting

KUALA LUMPUR: Bursa Malaysia maintained its uptrend at midday as investors continued to engage in bargain-hunting, particularly in counters within the consumers products, financial and utilities sectors.

At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) improved 2.34 points, or 0.15 per cent, to 1,613.88 from Wednesday’s close of 1,611.54.