Bursa tracks global markets to open lower

KUALA LUMPUR: Bursa Malaysia opened weaker on Monday, tracking regional markets as sentiment remained cautious amid a fragile global economic environment.

At 9.19am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) erased 16.23 points, or 0.95%, to 1,677.20 from last Friday’s close of 1,693.43.

The index opened 9.89 points lower at 1,683.54.

Market breadth was negative, as losers thumped gainers 622 to 115, while 265 counters were unchanged, 1,673 untraded, and 13 suspended.

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Author: admin