KUALA LUMPUR, Jan 24 — Bursa Malaysia remained lower at midday on Monday, echoing the downtrend among most of its regional peers, dealers said.
The benchmark index opened 5.34 points lower at 1,521.72, and moved between 1,520.70 and 1,525.82 throughout the morning trading session. On the flip side, he said the benchmark FBM KLCI could also see better performance in the plantation stocks, backed by higher crude palm oil prices and technology stocks due to the recent oversold condition.
Among the heavyweights, Maybank and CIMB dropped six sen each to RM8.22 and RM5.24, respectively, Public Bank was flat at RM4.18, Petronas Chemicals added one sen to RM8.90, IHH slipped eight sen to RM6.49, while Tenaga improved one sen to RM9.11.
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