KL shares open lower in line with regional peers
At 9.01am, the benchmark FTSE Bursa Malaysia KLCI was 10.16 points easier at 1,683.83 from yesterday’s close of 1,693.99. — Picture by Ahmad Zamzahuri
At 9.01am, the benchmark FTSE Bursa Malaysia KLCI was 10.16 points easier at 1,683.83 from yesterday’s close of 1,693.99.On the broader market, losers led gainers 117 to 78, while 128 counters remained unchanged, 1,546 untraded and 18 others suspended.The dealer said Asian shares were influenced by the Chinese government’s announcement that it had cut economic growth target to 6 per cent , while facing challenges from the ongoing spat with the US.
Among heavyweights, Maybank was flat at RM9.54, Public Bank fell six sen to RM24.56 and Tenaga declined 16 sen to RM12.80, but Petronas Chemicals rose one sen to RM9.20. The FBM Emas Index trimmed 54.24 points to 11,712.37, the FBM Emas Shariah Index went down 55.18 points to 11,633.11 and the FBMT 100 decreased 63.31 points to 11,563.54.
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