BURSA Malaysia opened in the red across the board on today on selling pressure after the global benchmark, Brent crude oil plunged 20.63% to US$35.93 per barrel following the collapse of an oil supply agreement between oil cartel, OPEC and Russia.
At 9.02am, the FTSE Bursa Malaysia KLCI (FBM KLCI) gave up 33.84 points or 2.28% to 1,449.26 from 1,483.10 at Friday’s close.
At the opening bell, the FBM KLCI opened 23.29 points weaker at 1,459.81.
On the broader market, losers trounced gainers by 427 to 41, with 105 counters unchanged, 1,425 untraded and 17 others suspended.
Turnover amounted to 389.50 million shares worth RM82.94 mil. – March 9, 2020, Bernama
