KUALA LUMPUR (March 17): Bursa Malaysia opened higher but retreated thereafter, tracking the cautious performance of Wall Street ahead of the conclusion of the US Federal Reserve’s (Fed) policy meeting today.
At 9.08am, the benchmark FBM KLCI had slipped two points to 1,623.96 versus yesterday’s close at 1,623.96.
The index opened 1.65 points higher at 1,625.61.
On the broader market, gainers led losers marginally 290 to 217, while 356 counters were unchanged, 1,374 untraded and nine others suspended.
Total volume stood at 1.46 billion shares worth RM256.47 billion.- The Edge Market