KUALA LUMPUR – Bursa Malaysia opened mixed in early trade today, driven by renewed buying interest amid cautious sentiment arising from Wall Street’s performance, a dealer said.
At 9.15am, the benchmark FTSE Bursa Malaysia KLCI rose 2.45 points to 1,557.03 from yesterday’s close of 1,554.58.
The index opened 0.9 of-a-point higher at 1,555.48.
On the broader market, however, losers surpassed gainers 210 to 152, while 250 counters were unchanged, 1,631 untraded and 14 others suspended.
The ringgit turned slightly lower against the US dollar today amid cautious sentiment ahead of Bank Negara Malaysia’s interest rate decision later today, said an analyst.
At 9.02am, the local note stood at 4.3820/3860 versus the greenback compared with yesterday’s close of 4.3800/3850. – Bernama, May 11, 2022
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