FBM KLCI expected to trend between 1,445-1,455 today.
KUALA LUMPUR: Bursa Malaysia opened slightly higher today amidst weak sentiments in the broader market.
“Meanwhile, the lower liners may undergo a consolidation spell with the key focus shifting towards corporate earnings releases. Still, any further pullback may also attract quick bargain hunting, in our view,” it added. Furthermore, he highlighted that concerns over growth in Hong Kong and China had also affected Bursa’s key index.At 9.20am, the FTSE Bursa Malaysia KLCI gained 2.51 points to 1,448.60 from 1,446.09 at Friday’s close.However, on the broader market, losers edged past gainers 251 to 235, while 280 counters were unchanged, 1,590 untraded and 26 others suspended.Among the heavyweights, CIMB rose 5 sen to RM5.55, TNB added 2 sen to RM9.95, Maybank and Public Bank were flat at RM9 and RM4.
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