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Investors were likely to remain selective ahead of the third-quarter earnings season, with corporate results and management guidance expected to drive individual stock movements.
The FTSE Bursa Malaysia KLCI fell 3.16 points to 1,592.03 at 9.10 am, with 216 losers versus 109 gainers, as Apex Securities warned of continued bearish pressure amid global rate concerns and upcoming US inflation data.
Summarised automatically by AI from the original article by Free Malaysia Today. AI can make mistakes, so check the original for details.
Also reported by Malay Mail , Malay Mail
KUALA LUMPUR: Bursa Malaysia opened lower on Thursday as cautious investor sentiment persisted, despite overnight gains on Wall Street.
At 9.10 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) shed 3.16 points to 1,592.03 from Wednesday's close of 1,595.19.
Market breadth was negative, with losers outnumbering gainers 216 to 109. A total of 255 counters were unchanged, 2,194 remained untraded and 13 were suspended.
Turnover stood at 253.49 million units worth RM83.18 million.
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