Bursa opens easier
Bursa Malaysia's slips into negative territory at the start of trade and continues a slow descend with an absence of buying support. — Reuters pic
“More importantly, there needs to be a substantive improvement in corporate earnings to provide room for the key index to head higher. “A consolidation is in the offing for the recent gains to be absorbed, albeit there are still few signs of a pullback as yet,” it added. Meanwhile, Axiata and Maxis remained in the red since yesterday, losing 10 sen and two sen each to RM4.09 and RM5.58, respectively.Of the actives, FGV inched up eight sen to RM1.34 as investors are positive over Felda’s white paper which would be tabled in Parliament today.
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