Bursa Malaysia rises as Top Glove, Hartalega, MISC, Petchem rebounds

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Bursa reopened lower but turned positive thereafter as investors sought out beaten down counters in the previous session, like MISC, PetChem, Hartalega and Top Glove. At 9.05am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 6.67 points higher at 1,579.90 from 1,573.48 at yesterday's close. The index opened 10.30 points lower at 1,563.01. Trading on Bursa Malaysia Securities was halted at 3.30pm yesterday and reopened as normal today with the last traded price will be used as the reference price, except for Can-One. Its reference price is RM2.68 after adjustment for dividend and the previous day's closing was RM2.74, according to Bursa Malaysia. Market breadth was positive with gainers surpassing losers 198 to 183, while 260 counters were unchanged, 1,323 untraded and 27 others suspended. Total volume stood at 659.06 million units worth RM391.06 million. All eyes will be on the …