KUALA LUMPUR: Bursa Malaysia opened lower today due to selling pressure in selected heavyweights, with investors possibly positioning themselves ahead...
: Bursa Malaysia opened lower today due to selling pressure in selected heavyweights, with investors possibly positioning themselves ahead of the Budget 2024 tabling next week, a dealer said.
“Given that Wall Street ended on a negative tone, we expect selling interest to emerge within the technology sector on the local front, while the energy sector could remain pressured amid declining Brent oil prices,” the brokerage said in a note today. Among the heavyweights, Maybank and Petronas Chemicals were unchanged at RM8.77 and RM7.0 respectively, while Public Bank and Tenaga Nasional shed one sen to RM4.05 and RM9.96, respectively, and CIMB fell two sen to RM5.39.
On the index board, the FBM Emas Index dropped 29.86 points to 10,505.51, the FBMT 100 Index trimmed 27.90 points to 10,174.06, and the FBM Emas Shariah Index erased 31.22 points to 10,792.28.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New Zealand governor-general, Raja Permaisuri visit Kuala Lumpur Craft ComplexKUALA LUMPUR: The governor-general of New Zealand Dame Cindy Kiro today visited the Kuala Lumpur Craft Complex at Jalan Conlay in conjunction with her...
Read more »
Gabenor Jeneral New Zealand lawat Kompleks Kraf Kuala LumpurKUALA LUMPUR: Gabenor Jeneral New Zealand Dame Cindy Kiro melawat Kompleks Kraf Kuala Lumpur, di Jalan Conlay di sini hari ini bersempena lawatan nega...
Read more »
NEXEA organizes Entrepreneurs Summit on 17 Oct in Kuala Lumpur, targeting 1000 startup enthusiastsNEXEA is organizing its fourth Entrepreneurs Summit to inspire entrepreneurship and promote innovation, collaboration, and growth in Malaysia
Read more »
NZ's Kiro, Queen visit KL Craft ComplexKUALA LUMPUR: The governor-general of New Zealand Dame Cindy Kiro visited the Kuala Lumpur Craft Complex at Jalan Conlay in conjunction with her four-day state visit to Malaysia.
Read more »
Bursa Malaysia ends at intraday low due to cautious sentimentKUALA LUMPUR, Oct 2 — Bursa Malaysia ended at an intraday low today due to cautious sentiment and a lack of fresh catalysts amid mixed performance by regional markets, said an...
Read more »