Bursa opens lower after a sharp fall on Wall Street | Malay Mail

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Bursa opens lower after a sharp fall on Wall Street

A dealer said near-term sentiment should continue to be adversely affected by the worsening US-China trade relations, given the current tit-for-tat trade sanctions on the technology-related sector. — Bernama pic

At 9.13am, the key FTSE Bursa Malaysia KLCI was down 4.83 points to 1,597.04 after opening 7.71 points lower at 1,594.16. “In all, we continue to see the key index heading lower amid the continuing weak market sentiments and if the 1,600 support gives way, the FBM KLCI could head towards the 1,595 and 1,590 levels. On the other hand, the resistances remain at 1,610 and 1,620 respectively,” he said.

 

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