KUALA LUMPUR, Sept 21 — Bursa Malaysia opened lower in line with weaker Wall Street performance overnight.
“In the meantime, government discussion on the possibility of allowing interstate tourism, which may be seen as a mode for gradual economic recovery, might be one of the few catalysts to cushion the downside risk for the near term,” the brokerage said in a research note today. “Also, traders may look out for strong momentum counters within the technology sector for extension of buying interest today,” it added.
Of the actives, Emico increased three sen to 57.5 sen, Impiana edged up half-a-sen to nine sen, and Bintai Kinden was 1.5 sen higher at 57.5 sen. EA Holdings and Yong Tai were flat at two sen and 16 sen, respectively, while Sanichi and Dagang NeXchange inched down half-a-sen each to 3.5 sen and 75.5 sen.
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