Bursa Malaysia opens almost unchanged

KUALA LUMPUR – Bursa Malaysia opened mostly flat today as the benchmark index fluctuated between gains and losses at the start of the trading day.

At 9.06am, the benchmark FTSE Bursa Malaysia KLCI was 0.27 of-a-point higher at 1,474.96, compared to yesterday’s closing of 1,474.69.

The market bellwether opened 1.14 points lower at 1,473.55.

On the broader market, gainers outpaced losers 149 to 133, while 227 counters were unchanged, 1,760 untraded and 25 others suspended.

Turnover amounted to 148 million units worth RM68.8 million.

Meanwhile, the ringgit opened lower against the US dollar today on better demand for the greenback amid strong United States Treasury yields, analysts said.

At 9am, the local note eased to 4.4280/4335 against the US dollar from yesterday’s close of 4.4205/4255. – Bernama, December 28, 2022