KUALA LUMPUR, Feb 27 — Bursa Malaysia traded cautiously early today amid US equity weaknesses. At 9.08am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) eased by 0.80...
KUALA LUMPUR, Feb 27 — Bursa Malaysia traded cautiously early today amid US equity weaknesses.
The Dow Jones Industrial Average declined by 337 points, while Nasdaq lost 195 points as the US 10-year yield remained at almost 3.95 per cent. “We reckon sentiment on the local bourse will remain cautious mainly due to the US weakness but with some positive bias. Among heavyweights, Press Metal lost 13 sen to RM5.07, Petronas Chemicals fell 11 sen to RM7.09 and KLK was 24 sen weaker at RM20.90.Other Bursa Malaysia heavyweights CIMB advanced four sen to RM5.51 and Maybank added three sen to RM8.77.
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