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Bursa Malaysia opens lower as selling pressure weighs on market sentiment

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Markets أخبار

FBM KLCI,KLCI,Bursa Malaysia

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KUALA LUMPUR: Bursa Malaysia opened lower in early trade as selling pressure on selected heavyweight stocks dampened overall market sentiment, reflecting cautious investor behaviour.

Hong Leong Industries rose 26 sen to RM15.06, PETRONAS Dagangan added 24 sen to RM19.70, United Plantations gained four sen to RM30.04 and newly listed Supreme Consolidated climbed 13.5 sen to 38.5 sen.Rakuten Trade noted that the FBM KLCI closed below the 1,600 level yesterday as hints of window dressing faded, with foreign funds selling off during the afternoon session.

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Profit-taking drags Bursa Malaysia lower as banking and energy stocks dipKUALA LUMPUR, Nov 11 — Bursa Malaysia closed lower on the first day of the trading week weighed by profit-taking in heavyweights, particularly Tenaga Nasional and banking...
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