Bursa opens easy in early trade

TheStar Mon, Jan 17, 2022 09:16am - 2 years View Original


KUALA LUMPUR: Bursa Malaysia opened lower in early trade on Monday on continued profit-taking in heavyweights as sentiments remained weak.

At 9.13am, the FBM KLCI lost 4.33 points to 1,551.0. The index opened 1.53 points lower at 1,553.8 this morning.

Sellers led buyers 282 to 154, while 296 counters were unchanged. Turnover stood at 376.71 million units valued at RM178.12mil.

Hong Leong Investment Bank Research said following last Friday’s selldown, KLCI is expected to waver near the critical 200DMA of 1,551 and uptrend line support near 1,545.

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