Bursa Malaysia opens higher as bargain hunting lifts sentiment

BURSA MALAYSIA, 29 JULY 2026 —

Bursa Malaysia rebounded to open higher today, buoyed by bargain hunting on improved sentiment amid mixed Wall Street performance. At 9.05am, the key index was trading higher, lifted by gains in selected heavyweights. The rebound in the local market came after a decline in the previous session, as investors sought to capitalize on undervalued stocks.

According to market data, the improved sentiment on Bursa Malaysia was evident from the opening bell, with the key index trading higher at 9.05am. The exact gains and trading volumes are not yet available, but the positive trend is expected to continue throughout the day.

The mixed performance on Wall Street, which saw some major indices decline while others gained, has not had a significant impact on the local market, with investors focusing on bargain hunting and seeking value in undervalued stocks.

The outlook for Bursa Malaysia remains cautiously optimistic, with investors expected to continue seeking bargains in the local market. The improved sentiment and positive opening are likely to boost investor confidence, and market participants will be closely watching the performance of key indices and heavyweights throughout the day. As the market continues to evolve, investors will be looking for cues from global developments and economic data to guide their investment decisions.

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