Bursa opens lower on profit-taking | Malay Mail

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KUALA LUMPUR, April 25 — Bursa Malaysia opened lower this morning, with the key index falling 0.26 per cent due to profit-taking after Friday’s strong performance. At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 4.29 points to 1,597.68 from...

KUALA LUMPUR, April 25 — Bursa Malaysia opened lower this morning, with the key index falling 0.26 per cent due to profit-taking after Friday’s strong performance.

It said Wall Street took another beating as the Dow Jones Index sank on disappointing corporate earnings, coupled with the prospects of more aggressive interest rate hikes. Among the heavyweights, Maybank lost three sen to RM8.91, Public Bank slid two sen to RM4.70, Petronas Chemicals fell six sen to RM10.24, Press Metal decreased 11 sen to RM6.32, while IHH Healthcare rose four sen to RM6.65.

 

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