Bursa opens lower amid protracted Middle East uncertainties

Bursa opens lower amid protracted Middle East uncertainties

The main index eases 3.20 points to 1,692.01 as investors turn cautious despite gains on Wall Street last Friday.

KUALA LUMPUR: Bursa Malaysia opened lower today as investors turned cautious despite last Friday’s gains on Wall Street amid protracted Middle East uncertainties.

At 9.10am, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 3.20 points to 1,692.01 from Friday’s close of 1,695.21.

The benchmark index opened 1.71 points lower at 1,693.50.

Market breadth was negative, with 252 losers outpacing 202 gainers. A total of 338 counters were unchanged, while 1,966 were untraded and 24 suspended.

Turnover stood at 223.31 million shares, valued at RM152.16 million.

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