KUALA LUMPUR, Sept 10 — Bursa Malaysia has extended its downtrend to open lower today, tracking the downbeat overnight performance of the United States stock markets on mounting concerns over the spread of the Covid-19 Delta variant that may impede economic growth, dealers said.
On commodities, it noted that crude palm oil and crude oil prices had dipped, while the aluminium price continued to trend higher. It also took note of Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz’s keynote address at the National Recovery Summit yesterday, where he said that the government is aiming to have 5G coverage in 80 per cent of populated areas by end-2024.Among the heavyweights, Maybank and Petronas Chemicals added three sen each to RM8.29 and RM7.88, respectively, IHH Healthcare rose 11 sen to RM6.72, Tenaga Nasional shed two sen to RM10.24 while Public Bank was flat at RM4.10.
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