Bursa opens in positive territory, but expect cautious trading ahead

Bursa opens in positive territory, but expect cautious trading ahead

The index inches up 0.02 of-a-point to 1,645.09 from Thursday's close of 1,645.07.

KU
ALA LUMPUR: Bursa Malaysia was in positive territory at Friday’s opening, tracking most of the regional peers, but investors expect cautious trading later as they continue monitoring the progress on the US-Sino trade talks, a dealer said.

Yesterday’s disappointing US economic data also likely to influence the fund inflow into the local bourse, he said.

At 9.06am, the index inched up 0.02 of-a-point to 1,645.09 from Thursday’s close of 1,645.07.

It opened at 0.1 of-a-point better at 1,645.08.

On the broader market, gainers were slightly higher than decliners 110 to 96, while 187 counters remained unchanged, 1,453 untraded and 21 others suspended.

Turnover stood at 209.46 million shares worth RM47.19 million.

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