KUALA LUMPUR: Bursa Malaysia opened marginally higher but retreated thereafter, weighed down by mild profit-taking in selected heavyweights as Wall Street slipped following the latest US tariff threats against the European Union, analysts said.
At 9.15 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 1.93 points or 0.12 per cent to 1,533.45 from Friday’s close of 1,535.38.
The benchmark index opened 0.95 of-a-point higher at 1,536.33.
Market breadth was negative with 227 decliners and 122 gainers, while 329 counters were unchanged, 1,752 untraded and 42 suspended.
Turnover stood at 237.79 million shares valued at RM97.58 million.
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