Kuala Lumpur:Bursa Malaysia remained higher by midday, buoyed by ongoing purchases in selected heavyweight stocks, particularly in the plantation and healthcare sectors.

According to BERNAMA News Agency, the FTSE Bursa Malaysia KLCI (FBM KLCI) increased by 6.04 points, or 0.37 percent, reaching 1,629.39 at 12.30 pm, up from Tuesday's closing of 1,623.35.

The benchmark index opened slightly higher at 1,636.94 and fluctuated between 1,623.94 and 1,637.10 during the morning trading session.

Despite the index’s rise, the broader market saw more decliners than advancers, with 480 losers against 425 gainers. Additionally, 521 counters remained unchanged, 1,432 were untraded, and 21 were suspended. The market turnover was recorded at 1.93 billion units valued at RM1.40 billion.