Bursa Malaysia opens higher but retreats thereafter

Bursa Malaysia opens higher but retreats thereafter
-A +A

KUALA LUMPUR (Sept 28): Bursa Malaysia opened marginally higher today but retreated thereafter due to profit-taking in selected heavyweights, dealers said.

At 9.21 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 2.70 points to 1,530.35, from Monday’s close of 1,533.05.   

It opened 0.46 of-a-point higher at 1,533.51.  

Market breadth was negative with losers outpacing gainers 288 to 211, while 334 counters were unchanged, 1,470 untraded and 24 others suspended.

Turnover stood at 476.70 million units worth RM236.72 million.