Bursa Malaysia inches down at opening, tracking us overnight market | Malay Mail

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KUALA LUMPUR, Oct 20 — Bursa Malaysia inched down at opening, tracking the overnight US market, which closed lower on the stimulus plan uncertainty as the US presidential election date draws nearer. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 0.45 of-a-point to 1,517.66...

Tuesday, 20 Oct 2020 10:08 AM MYT

At 9.05am, the benchmark FTSE Bursa Malaysia KLCI slipped 0.45 of-a-point to 1,517.66 from 1,518.11 at Monday’s close.On the scoreboard, losers led gainers 226 to 177, while 320 counters were unchanged, 1,428 untraded and 22 others suspended.The US stock market was in the red at close on Monday with the Dow Jones shrank 1.44 per cent to 28,195.42, S&P lost 1.63 per cent to 3,426.92 and Nasdaq was 1.65 per cent weaker at 11,478.88.

China’s gross domestic product in the third quarter saw a 4.9 per cent growth, driven mainly by exports to countries that are still struggling with Covid-19. Of the heavyweights, Maybank gained seven sen to RM7.27, Sime Darby added five sen to RM2.45, and Axiata and IHH inched up two sen each to RM2.74 and RM4.98, respectively.

 

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