KUALA LUMPUR – Bursa Malaysia opened lower on today due to profit-taking in selected heavyweights, in line with the weaker sentiment in the regional bourses as investors remained concerned over the bearish economic outlook, dealers said.
At 9.15am, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 5.50 points to 1,458.01 from 1,463.51 at yesterday’s close.
The key index opened 2.90 points easier at 1,460.61.
On the broader market, losers surpassed gainers 272 to 141, while 310 counters were unchanged, 1,617 untraded and 16 others suspended.
Turnover stood at 512.11 million units worth RM135.84 million. – Bernama, August 17, 2023
