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KUALA LUMPUR (March 23): Bursa Malaysia opened lower on Tuesday, with the market undertone remain sluggish due to lacks of buying catalysts and meaningful inflows from foreign funds.
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At 9.05am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 2.51 points to 1,614.22 after closing at an intraday low of 1,616.73 yesterday.
The index was 0.05 of-a-point better at 1,616.78 at 9am and turned red 30 seconds after the trade kickstarted.
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On the broader market, losers were slightly higher than gainers 228 to 207, while 310 counters were unchanged, 1,465 untraded and 11 others suspended.
Total volume stood at 309.59 million shares worth RM146.57 million.-The Edge Market