KUALA LUMPUR, Jan 24 — Bursa Malaysia opened lower today amid heightened regional volatility, as well as tracking the lower closing on Wall Street on Friday, dealers said.
The Dow Jones Industrial Average lost 450 points while the Nasdaq declined 385 points to below the 14,000 level.“Fears escalated as traders are bracing for rate increase ahead of the US Federal Reserves meeting this Thursday,” he told Bernama. Of the actives, Dagang NeXchange rose 1.5 sen higher to RM1.00, Coraza increase eight sen to 74 sen, and Aimflex and OCR added half-a-sen to 18 sen and 15 sen, respectively.
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