Bursa opens slightly lower on profit taking

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KUALA LUMPUR (Jan 11): Bursa Malaysia retreated from Monday’s (Jan 10) gains to open marginally lower on Tuesday as mild profit-taking emerged for selected heavyweights, dealers said.

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At 9.26am, the benchmark FBM KLCI had slipped 0.89 of a point to 1,549.28, compared with 1,550.17 at Monday’s close.

The index opened 1.16 points lower at 1,549.01.

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On the broader market, losers surpassed gainers 289 to 175, while 336 counters were unchanged, 1,467 untraded and 15 others suspended.

Turnover stood at 625.64 million units valued at RM207.97 million.-BERNAMA


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