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Bursa opens lower, tracking weak Wall Street close

Cover Image for Bursa opens lower, tracking weak Wall Street close

US stocks fell as traders trimmed positions amid worsening China-US tensions, says analyst.

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KUALA LUMPUR: Bursa Malaysia opened lower on Monday, tracking the weak performance on Wall Street last Friday.

Rakuten Trade Sdn Bhd vice president of equity research Thong Pak Leng said Wall Street closed broadly lower as traders pared holdings amid escalating tensions between China and the US.

Tags:Bursa Malaysiacautious sentimentChina TensionsEquity tradingFBM KLCIfinancial indexFMTBizMarketmarket downturnrare earthsUS tariffs


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