KUALA LUMPUR – Bursa Malaysia opened lower today despite the gains on Wall Street overnight as cautious investors await inflation data in the United States and the US Federal Reserve’s (Fed) policy meeting next week.
At 9.05 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 1.33 points to 1,381.84 from 1,383.17 at yesterday’s close.
The key index opened 1.17 points easier at 1,382.00.
The broader market was negative with decliners surpassing advancers 134 to 114, while 213 counters were unchanged, 1,783 untraded and 13 others suspended.
Turnover was 149.63 million units worth RM58.56 million. – Bernama, June 7, 2023