Bursa Malaysia lower at opening, tracking overnight losses in US equities

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KUALA LUMPUR (June 4): Bursa Malaysia opened easier on Friday, tracking the overnight losses on US equities with investors chewing over the global economic recovery.

The local bourse trend was in line with its regional peers.

Hong Kong’s Hang Seng slipped 1.13 per cent to 28,966.03, Japan’s Nikkei down 0.83 per cent to 28,816.86 and China’s SSE index shed 0.36 per cent to 3,584.21.

At 9.03am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 6.31 points, or 0.39 per cent, to 1,584.26 from 1,590.57 at Thursday’s close.

The index opened 0.27 points lower at 1,590.30.

Market breadth was negative with losers slightly above gainers 183 to 175, while 237 counters were unchanged, 1,547 untraded and 12 others suspended.

Total volume stood at 367.57 million units worth RM111.88 million.-BERNAMA

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