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Bursa Msia opens lower on possible political realignment

KUALA LUMPUR: Shares on Bursa Malaysia opened lower today, with political uncertainties over the current Pakatan Harapan-led government dragging all indices down.

As of 9.47am, the FTSE Bursa Malaysia KLCI (FBM KLCI) slid 21.70 points to 1,509.50 from Friday’s close of 1,531.20, after opening 29.73 points lower at 1,501.47 this morning.

Losers led gainers by 767 to 64 on the broader market, with 155 counters unchanged, 1,013 untraded and 21 others suspended.

Turnover amounted to 962.20 million shares worth RM734.64 million. - Bernama



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