KUALA LUMPUR, April 15 ― Bursa Malaysia opened on a low note today, tracking Wall Street’s weaker overnight performance which saw the Dow Jones falling by 0.3 per cent ahead of the holiday-shortened trading week, amidst a mixed bag of corporate earnings reports.
The negative performance on Wall Street overnight could also accelerate profit-taking activities on the local front, it said. “Also, we believe the market could be pricing in earlier than expected 15th General Election , hence trading interest should continue to build up within the construction sector,” it said.
Of the actives, both SMTrack and Pappajak were flat at eight sen and 52.5 sen, respectively, Datasonic rose two sen to 51.5 sen, while Pertama shed one sen to 88 sen and Tanco eased 3.5 sen to 40 sen.
Time to exit...
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