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Bursa Malaysia retreats at open as investors cash in on recent gains

KUALA LUMPUR, Sept 23 — Bursa Malaysia opened lower today as investors took profits in selected heavyweights, pari...

Bursa Malaysia retreats at open as investors cash in on recent gains

Bursa Malaysia opened lower today as investors cashed in on recent gains, with the benchmark index easing 0.35% to 1,677.52 from the previous close of 1,683.50. The mixed trend on Wall Street, where the Nasdaq hit an intraday high, reflected the ongoing US-Iran talks and the potential for a deal. Several heavyweights experienced gains and losses, with Maybank rising 10 sen to RM10.22 and CIMB falling eight sen to RM7.82.

Market breadth was nearly even, with 186 losers outpacing 174 gainers, while 306 counters remained unchanged.

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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