BURSA MALAYSIA: Opens Lower

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KUALA LUMPUR, May 12 – Bursa Malaysia gave up gains from Wednesday to open lower Thursday on on a lack of buying interest and in line with its weaker regional peers. At 9.10 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 3.16 points weaker at 1,641.42 from yesterday’s close of 1,644.58.

The index opened 4.49 points lower at 1,640.09. Market breadth was negative, with losers outpacing gainers 127 to 108, while 186 counters were unchanged, 1,281 untraded and 12 others suspended. Turnover in early trade stood at 116.28 million shares worth RM51.78 million.

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