Wed10182017

LAST_UPDATEWed, 18 Oct 2017 10pm

Bursa Malaysia Lower On Geopolitical Tensions, CI Opens Lower

KUALA LUMPUR: The weak market sentiment, largely due to the geopolitical tensions between the US and North Korea, continued to affect investors' risk appetite on Bursa Malaysia, influencing the key index and other counters to open broadly lower this morning, dealers said.

At 9.04 am, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 3.36 points to 1,774.41 against Thursday's close of 1,777.77.

The benchmark index opened 2.89 points weaker at 1,774.88.

On the broader market, losers outnumbered gainers 264 to 37, with 149 counters unchanged, 1,391 untraded and 18 others were suspended.

- Bernama