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Bursa retreats shortly after opening higher » The Capital Post

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EconomicENG

Bursa retreats shortly after opening higher

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By Meharaj Paramasiwam 0 0
Estimate Reading Time: < 1 minute

KUALA LUMPUR (July 19): Bursa Malaysia opened higher but had subsequently turned lower amidst cautious sentiment in the broader market as the daily COVID-19 tally remained above 10,000 cases.

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On Sunday, Malaysia recorded 10,710 new positive cases, with 153 deaths.

At 9.08 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) shed 1.67 points to 1,520.81 from Friday’s close of 1,522.48.

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The index opened 0.19 of-a-point higher at 1,522.67.

Market breadth was negative with losers leading gainers 207 to 169, while 301 counters were unchanged, 1,565 untraded and 10 others suspended.-BERNAMA

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