Hare prices on Bursa Malaysia opened bearish in early
trading today, led by losses in index-linked counters.
At 9.10 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 19.9 points lower at 1,724.95, after opening 17.51 points easier at 1,743.49.
Maybank shed 19 sen to RM9.81 while IOI Corp eased 12 sen to RM5.18. Both counters contributed 4.376 points to the index.
HwangDBS Vickers Research said the bears may return to the local bourse today with the benchmark FBM KLCI pulling back deeper towards the key support line of 1,720 ahead.
At 9.10 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 19.9 points lower at 1,724.95, after opening 17.51 points easier at 1,743.49.
Maybank shed 19 sen to RM9.81 while IOI Corp eased 12 sen to RM5.18. Both counters contributed 4.376 points to the index.
HwangDBS Vickers Research said the bears may return to the local bourse today with the benchmark FBM KLCI pulling back deeper towards the key support line of 1,720 ahead.
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