KUALA LUMPUR – Bursa Malaysia opened 5.71 points lower this morning, tracking the Wall Street’s weak performance last Friday.
At 9.05am, the benchmark FTSE Bursa Malaysia KLCI declined to 1,419.27 from Friday’s close of 1,424.98.
The benchmark index opened 1.15 of-a-point easier at 1,423.83.
The ringgit was traded easier against the US dollar today, dragged down by market volatility, while the US Federal Reserve’s tightening of monetary policy on better-than-expected global economic reading has continued to benefit the dollar, said a dealer.
At 10.39am, the local currency fell to 4.5960/5980 against the greenback from last Friday’s 4.5775/5800.
The ringgit opened at 4.5910/5950 against the dollar today. – Bernama, September 26, 2022
