KUALA LUMPUR, Jan 10 — Bursa Malaysia retreated from yesterday’s gains to open lower on Tuesday amid mixed sentiments on Wall Street overnight following the United States (US)...
KUALA LUMPUR, Jan 10 — Bursa Malaysia retreated from yesterday’s gains to open lower on Tuesday amid mixed sentiments on Wall Street overnight following the United States Federal Reserve’s projection that interest rates may exceed five per cent this year, a dealer said.
Among the heavyweights, both Maybank and CIMB were one sen lower at RM8.79 and RM5.70, respectively, Public Bank was unchanged at RM4.31, Petronas Chemicals eased three sen to RM8.32, and Tenaga Nasional lost four sen to RM9.49. On the index board, the FBM Emas Index weakened 23.21 points to 10,713.06, the FBMT 100 Index contracted 24.85 points to 10,418.20, and the FBM Emas Shariah Index slipped 34.10 points to 10,927.58.
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