At 9.02am, the benchmark FTSE Bursa Malaysia KLCI fell 4.29 points to 1,629.26, from yesterday's close of 1,633.55. — Bernama pic
At 9.02am, the benchmark FTSE Bursa Malaysia KLCI fell 4.29 points to 1,629.26, from yesterday's close of 1,633.55.Losers were slightly higher than gainers 77 to 39, with 76 counters unchanged, 1,629 untraded and 23 others suspended.Market sentiment would likely continue to be dampened by the US’ threat to raise the tariff on Chinese goods at the end of the week.
Despite the lingering uncertainties, the research house foresees some near term reprieve for the local stocks as the selling pressure could be easing, allowing shares on Bursa Malaysia to find some short-term stability. Among heavyweights, Maybank and Tenaga rose two sen each to RM8.99 and RM12.04 respectively, while Public Bank and Petronas Chemicals shed six sen each to RM22.34 and RM8.86 respectively.
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