KUALA LUMPUR, Nov 10 — Bursa Malaysia’s key index opened lower today after a long weekend break for the Deepavali holiday despite positive sentiment on Wall Street overnight.

At 9.15am, the FTSE Bursa Malaysia KLCI (FBM KLCI) shed 10.70 points to 1,605.88 from last Friday’s close of 1,616.58.

However, market breadth was positive, gainers outpacing losers 299 to 223, while 322 counters were unchanged, 1,929 untraded and 12 suspended. Turnover stood at 303.96 million units worth RM220.76 million.

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng noted that Wall Street ended on a firm note supported by easing crude oil prices and growing optimism over a potential resolution to the US-Iran conflict.