Business

Bursa, ringgit slip at open

FBM KLCI down 5.30 points to 1,603.89; local note declines 10 basis points to US dollar

Updated 5 years ago · Published on 31 Mar 2021 9:29AM

Bursa, ringgit slip at open
On Bursa’s broader market this morning, losers lead gainers 231 to 159, while 311 counters are unchanged, 1,500 untraded and 86 suspended. – File pic, March 31, 2021

KUALA LUMPUR – Bursa Malaysia opened marginally lower in line with Wall Street’s weaker performance overnight.

At 9.05am, the benchmark FTSE Bursa Malaysia KLCI fell 5.30 points to 1,603.89 from yesterday’s close of 1,609.19.

The index opened 0.23 of a point easier at 1,608.96.

On the broader market, losers led gainers 231 to 159, while 311 counters were unchanged, 1,500 untraded and 86 suspended.

Total volume stood at 453.71 million shares worth RM154.29 million.

Meanwhile, the ringgit extended its decline to open slightly lower against the United States dollar, weighed down by a strengthening greenback and higher US Treasury yields.

At 9am, the local note fell 10 basis points to open at 4.1500/1560 against the dollar from yesterday’s close of 4.1490/1530. – Bernama, March 31, 2021

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