Bursa Malaysia opens lower on Wall Street’s retreat | Malay Mail

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Bursa Malaysia opens lower on Wall Street’s retreat | Malay Mail
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KUALA LUMPUR, Oct 14 ― Bursa Malaysia recouped yesterday’s gains and opened lower today as it took cue from the retreat of the overnight Wall Street performance. Rakuten Trade Sdn Bhd, in a note today, said the key index also comes under some pressure as the country’s political situation...

At 9.05am, the benchmark FTSE Bursa Malaysia KLCI slid 3.26 points, or 0.21 per cent, to 1,521.94 from 1,525.20 at yesterday’s close. — Reuters pic

Rakuten Trade Sdn Bhd, in a note today, said the key index also comes under some pressure as the country’s political situation remains fluid. “On the local front, as we enter the first day of the conditional movement control order within the Klang Valley, we believe the benchmark index to possibly test the 1,510 level, which is the immediate support level,” it said.

The most active stocks were led by Metronic Global and its warrant, with each of them ticking up one sen to 11.5 sen and 4.5 sen, respectively, Dataprep edged up one sen to 22 sen, HLT Global was four sen higher at RM1.77, while AirAsia X was flat at four sen.

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