KUALA LUMPUR – Bursa Malaysia opened broadly lower today, giving up last week’s gains amid weaker sentiment as the market takes a cue from the lower closing on Wall Street.
At 9.07am, the benchmark FTSE Bursa Malaysia KLCI fell 16.25 points, or 1.02%, to 1,572.8 from Friday’s close of 1,589.05.
The index opened 8.54 points easier at 1,580.51.
The ringgit, too, opened lower against the United States dollar, as the optimistic mood among investors over the greenback continues to strengthen the currency after last week’s Federal Open Market Committee meeting.
At 9am, the local note slipped to 4.1430/1470 versus the dollar from 4.1380/1410 at the close on Friday. – Bernama, June 21, 2021
