Bursa opens lower, tracking overnight losses on Wall Street

Bursa Malaysia opened lower on Friday, tracking overnight losses on Wall Street, as crude oil prices climbed to around US$82 per barrel. Trading was mixed with buying interspersed with selling in selected heavyweights, with decliners outpacing advancers 210 to 185. Analysts anticipate the index to hover within the 1,730-1,745 range today, with foreign fund selling broad-based and traders potentially locking in profits after a recent solid performance.

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