Bursa slips at open despite Wall Street rally, Petronas Dagangan leads losers

Malay Mail News & blogs · 1 hr ago

Key takeaways

Bursa Malaysia opened lower on Thursday despite a Wall Street rally, with the FBM KLCI falling to 1,592.03.

Cautious investor sentiment led to a drop in Bursa Malaysia at the open.
The FBM KLCI fell below the 1,600-point level, showing a bearish trend.
Global interest rate concerns and US inflation data may affect emerging market investments.

Summarised automatically by AI from the original article by Malay Mail. AI can make mistakes, so check the original for details.

KUALA LUMPUR, Nov 12 — 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.

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Topics

6 stories on this topic from 3 sources, oldest first.

Nov 2, 9:36 AM GMT+8
Free Malaysia Today Bursa opens lower as Wall Street weakness dampens sentiment
Nov 2, 11:35 AM GMT+8
Berita Harian Bursa Malaysia jatuh dipengaruhi prestasi lemah di Wall Street
Nov 6, 9:37 AM GMT+8
Free Malaysia Today Wall Street sell-off drags Bursa lower at opening
Nov 11, 11:30 AM GMT+8
Berita Harian Bursa Malaysia jatuh menjejaki penurunan Wall Street
Nov 12, 9:32 AM GMT+8
Free Malaysia Today Bursa slips at open despite Wall Street gains
Nov 12, 10:51 AM GMT+8
Malay Mail Bursa slips at open despite Wall Street rally, Petronas Dagangan leads losers (this story)