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Bursa pares gains at opening on weak Wall Street cue

The benchmark index declines 7.84 points to 1,718.04 as market breadth turns negative.

Bursa pares gains at opening on weak Wall Street cue

Bursa Malaysia's KLCI index opened higher on Tuesday but soon retreated, mirroring Wall Street's weaker performance from the previous day. The index closed 7.84 points lower at 1,718.04, following its last Friday's close of 1,725.88. Market breadth was negative, with more stocks falling than rising. Among the heavyweights, CIMB Group gained two sen, while Maybank fell 12 sen. Among the top gainers were Hengyuan Refining and Kuala Lumpur Kepong, while among the top losers were Nestle and Malaysian Pacific Industries.

Brief written by urgent.news from Malay Mail's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

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