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Bursa Malaysia opens lower as selling pressure weighs on market sentiment

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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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