Bursa opens lower in early trade on lack of fresh catalysts

KUALA LUMPUR: Bursa Malaysia opened the year on a lower note, tracking weaker cues from Wall Street amid cautious sentiment due to a lack of new catalysts.

At 9.06am, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 11.69 points, or 0.70%, to 1,668.42 from Wednesday’s close of 1,680.11. The benchmark index had opened 4.91 points lower at 1,675.20.

Bursa Malaysia Bhd and its subsidiaries were closed yesterday in conjunction with the 2026 New Year’s Day holiday.

Market breadth was negative, with decliners outpacing gainers 165 to 75. A total of 237 counters were unchanged, 2,179 were untraded, and 18 were suspended.

MORE TO COME

Author: admin