Business

Bursa retreats at opening

Local bourse driven by mild profit-taking in certain consumer product counters amid mixed sentiment on regional market

Updated 5 years ago · Published on 27 Apr 2021 10:05AM

Bursa retreats at opening
Total volume on Bursa stands at 769.23 million shares worth RM490.78 million this morning. – File pic, April 27, 2021

KUALA LUMPUR – Bursa Malaysia retreated from yesterday’s gains to open slightly lower today, driven by mild profit-taking in selected consumer product counters amid mixed sentiment on the regional market, said dealers.

At 9.15am, the FTSE Bursa Malaysia KLCI slipped 4.254 points to 1,619.23 from 1,623.47 at yesterday’s close.

The market bellwether opened 0.26 of a point lower at 1,623.21.

Overall market breadth was negative, with losers leading gainers 294 to 260, while 384 counters were unchanged, 1,262 untraded and 29 suspended.

Total volume stood at 769.23 million shares worth RM490.78 million. – Bernama, April 27, 2021

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