Bursa Malaysia Opens Lower On Mild Selling In Key Sectors
KUALA LUMPUR, Bursa Malaysia opened lower today, extending yesterday’s losses amid mild selling in plantation, consumer products and services counters, according to an analyst. At 9.15 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 2.91 points to 1,646.0, down from Monday’s close of 1,648.91. The benchmark index had initially opened 1.49 points lower at 1,647.42. Across the broader market, decliners slightly outpaced advancers, with 221 stocks declining versus 194 advancing. There were 307 counters unchanged, 1,697 untraded, and six suspended. Turnover stood at 229.62 million units, valued at RM115.68 million. In a note, Malacca Securities Sdn Bhd said that