KUALA LUMPUR – Bursa Malaysia opened lower today, taking the cue from overnight Wall Street fall after tech-heavy benchmark dipped to 2½-month low, as worries over a regulatory clampdown by Beijing swept into United States (US) markets, said a dealer.
At 9.05am, the benchmark FTSE Bursa Malaysia KLCI was 2.91 points easier at 1,511.69 from the close of 1,514.60 yesterday.
The index opened 3.14 points lower at 1,511.46.
On the broader market, losers led gainers 218 versus 146, while 252 counters were unchanged, 1,627 untraded and 48 suspended.
Turnover stood at 201.85 million units worth RM73.04 million.
Meanwhile, the ringgit opened slightly lower against the US dollar today as mixed signals from US macro data continued to support the greenback, said a dealer.
At 9.02am, the local note eased to 4.2320/2350 versus the greenback from the close of 4.2310/2350 yesterday.
ActivTrades trader Dyogenes Rodrigues Diniz said the US initial jobless claims data last week came in higher than expected.
However, the consumer confidence indicator was higher-than-expected, which is supportive for the dollar. – Bernama, July 28, 2021
