BURSA Malaysia slipped into the red at the opening today, tracking overnight losses on the Wall Street as fears on the rapid spread and rising death toll due to Covid-19 continue to weigh on the market sentiment.
At 9.01am, key index FTSE Bursa Malaysia KLCI (FBM KLCI) erased 5.83 points, or 0.426% to 1,364.09 from 1,369.92 at yesterday’s close.
The key index opened 3.46 points weaker at 1,366.46.
Market breadth turned negative with losers beating gainers 279 to 77, while 192 counters were unchanged, 1,372 untraded and 20 others suspended.
Turnover stood at 208.92 million worth RM64.78 mil. – April 8, 2020, Bernama