KUALA LUMPUR: Bursa Malaysia opened marginally lower on Tuesday, in line with the weaker sentiment in regional bourses as investors remain cautious ahead of key economic data in the US and China later this week.
“Nevertheless, the downside risk should be limited on our local front with the focus on the upcoming Budget 2024,” the brokerage said in a note today. At 9.15am, the FTSE Bursa Malaysia KLCI fell 0.27 points to 1,443.18 from yesterday’s close of 1,443.45. The index opened 0.66 of a point easier at 1,442.79.
Of the actives, Parkson increased 1.5 sen to 34 sen, Tanco was 0.5 sen higher at 55 sen while Metronic and Borneo Oil were flat at 1.5 sen each.
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