Bursa opens marginally lower on cautious sentiments

KUALA LUMPUR – Bursa Malaysia was marginally lower in the early trade today amidst cautious market sentiment due to Wall Street’s weak performance on Friday and concerns over China’s economic growth. 

At 9.10am, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 1.81 points to 1,443.4 from 1,445.21 at Friday’s close. 

The key index opened 0.32 of-a-point lower at 1,444.89. 

On the broader market, gainers edged past losers at 149 versus 143, while 260 counters were unchanged, 1,722 untraded and 26 others suspended. 

Turnover stood at 214.2 million units worth RM76.63 million. – Bernama, August 7, 2023