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Bursa Malaysia opens lower on Wall Street weakness, hawkish fed remarks

KUALA LUMPUR: Bursa Malaysia opened lower on Thursday, tracking weaker Wall Street performance amid rising US Treasury yields and hawkish remarks from US Federal Reserve (Fed) officials.

Bursa Malaysia opens lower on Wall Street weakness, hawkish fed remarks

Bursa Malaysia opened lower on Thursday, tracking weaker Wall Street performance and hawkish remarks from US Federal Reserve officials. The benchmark index eased 2.59 points, or 0.15 per cent, to 1,673.84, with market breadth negative as losers outnumbered gainers. Investors are expected to adopt a wait-and-see approach ahead of the US-China summit later today.

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