Bursa extends downtrend

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KUALA LUMPUR (July 30): Bursa Malaysia extended its losses to open lower today amid uncertainties surrounding the market.


The local bourse bucked the performance of regional peers, which took their cue from the better overnight performance on Wall Street, a dealer said.

At 9.05am, the benchmark FBM KLCI had slipped 9.46 points to 1,503.47 from yesterday’s close at 1,512.93.

The index opened 0.95 of a point easier at 1,511.98.


On the broader market, losers led gainers 214 versus 112, while 237 counters were unchanged, 1,643 untraded and 64 others suspended.

Turnover stood at 200.26 million units worth RM108.97 million.-BERNAMA