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Bursa opens lower on profit-taking, mirrors Wall Street weakness

Cover Image for Bursa opens lower on profit-taking, mirrors Wall Street weakness

The main index slips to 1,710.01 as market breadth remains positive, with gainers outpacing decliners 137 to 121.

Bursa

KUALA LUMPUR: Bursa Malaysia opened lower on Thursday, weighed by mild profit-taking after recent gains and tracking weaker overnight cues from Wall Street.

At 9.05am, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 0.90 of-a-point to 1,710.01 from Wednesday’s close of 1,710.91, after opening 0.56 of a point lower at 1,710.35.

Tags:Bursa MalaysiaFBM KLCIWall Street


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