Bursa Malaysia opens lower on profit-taking

Bursa Malaysia opens lower on profit-taking
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KUALA LUMPUR (Sept 29): Bursa Malaysia opened lower today due to profit-taking in selected heavyweights following yesterday’s gains, whilst echoing the weaker sentiment on the regional market, dealers said.

At 9.10 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 9.43 points to 1,537.39 from Tuesday’s close of 1,546.82.   

It opened 4.86 points lower at 1,541.96.  

Market breadth was negative with losers outpacing gainers 389 to 116, while 275 counters were unchanged, 1,524 untraded and 85 others suspended.

Turnover stood at 392.98 million units worth RM237.78 million.