By BERNAMA
Share prices on Bursa Malaysia opened lower today, prompted by the weak overnight performance of Wall Street.
At 9.15 am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.69 point easier at 1,630.85, from Wednesday’s 1,631.54.
The key index opened 0.06 point lower at 1,631.48.
Market breadth was negative with decliners outpacing gainers 160 to 104 while 167 counters were unchanged, 1,346 untraded and 68 others suspended.
Turnover stood at 149.39 million shares worth RM57.41 million.
A dealer said most investors remained on the sidelines and cautious ahead of the presentation of the recalibrated Budget 2016 by the Prime Minister later in the afternoon.
On the scoreboards, the FBM Emas Index inched down 8.96 points to 11,327.12, the FBMT100 Index declined 8.81 points to 11,033.10, and the FBM Emas Shariah Index shed 17.06 points to 12,216.61.
The FBM 70 lost 25.08 points to 12,563.63, while the FBM Ace appreciated 46.69 points to 5,839.78.
On a sectoral basis, the Industrial Index slipped 0.75 point to 3,163.51, the Finance Index shaved off 0.31 point to 13,595.91, while the Plantation Index trimmed 16.26 points to 7,475.55.
Among heavyweights, Malayan Banking shed 1 sen to RM8.33, Tenaga added 4 sen to RM13.04, and Public Bank gained 2 sen to RM18.20.
Actively traded stocks this morning included Nexgram, Hibiscus, AirAsia X, Tiger Synergy and Sumatec.
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