Business

Bursa, ringgit lower at opening

Local bourse’s performance due to lowered risk appetite in market

Updated 5 years ago · Published on 13 Apr 2021 9:40AM

Bursa, ringgit lower at opening
Total volume on Bursa this morning stands at 789.59 million shares worth RM292.27 million. – The Vibes file pic, April 13, 2021

KUALA LUMPUR – Bursa Malaysia opened easier today, with the key index still in weak territory due to lowered risk appetite in the market.

At 9.06am, the benchmark FTSE Bursa Malaysia KLCI decreased 1.72 points to 1,606.7 from yesterday’s close of 1,608.42.

The index opened 0.29 of a point better at 1,608.71.

On the broader market, losers outnumbered gainers 204 to 195, while 1,266 counters were unchanged, 493 untraded and 11 suspended.

Total volume stood at 789.59 million shares worth RM292.27 million.

The ringgit, meanwhile, opened marginally lower against the United States dollar amid expectations of higher US bond yields ahead of the release of the US consumer price index for March later today.

At 9am, the local note was 10 basis points easier at 4.1320/1360 against the greenback from 4.1310/1350 at the close yesterday. – Bernama, April 13, 2021

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