Bursa Malaysia opens higher
At 9.15am, the FTSE Bursa Malaysia KLCI rose 1.50 points to 1,593.02 after opening 2.45 points higher at 1,593.97 compared with yesterday’s close of 1,591.52. — Picture by Hari Anggara
In a research note today, Malacca Securities Sdn Bhd expected the dour sentiments which dominated the market condition yesterday would bring the key index back to around the 1,590 level. Hence, it said, the near term weakness look to persist with the support is now lowered to the 1,580 level, followed by the year low of 1,572 points, with the 1,600 points level to be the immediate resistance, followed by the 1,610 level.
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