13 February 2023

Bursa Malaysia retreats to open lower

KUALA LUMPUR: Bursa Malaysia retreated from its gains last week to open lower on Monday due to cautious sentiments on the local bourse, taking its cue from the negative Wall Street performance last week, an analyst said.

At 9.15 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell by 2.73 points to 1,471.86 from Friday’s close of 1,474.59.

The key index opened 0.13 points better at 1,474.72.

The market breadth was negative with losers surpassing gainers 246 to 153, while 317 counters were unchanged, 1,459 untraded and nine others suspended.

Turnover amounted to 153.85 million units worth RM473.42 million.

More to come. - Bernama



Source: The Sun Daily

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