KUALA LUMPUR, Jan 17 ― Bursa Malaysia extended yesterday's losses to open lower today, driven by continued profit-taking in selected heavyweights despite the positive...
KUALA LUMPUR, Jan 17 ― Bursa Malaysia extended yesterday's losses to open lower today, driven by continued profit-taking in selected heavyweights despite the positive momentum in regional markets, dealers said.
“Meanwhile, the market is waiting for Bank of Japan's interest rate decision as well as the UK and eurozone’s inflation rate. Commodities-wise, Brent crude oil traded above US$84 per barrel while the crude palm oil price hovered above RM3,850 per kg,” it said. Among the heavyweights, Maybank advanced 2.0 sen to RM8.80, Public Bank and CIMB slipped 1.0 sen each to RM4.31 and 5.75 respectively, Petronas Chemicals lost 10 sen to RM8.40 while Tenaga Nasional fell 4.0 sen to RM9.41.
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