Bursa Malaysia opens mixed as bargain-hunting continues

KUALA LUMPUR (Aug 27): Bursa Malaysia opened on a mixed note today as investors extended bargain-hunting activities as well as profit taking in selected blue-chip stocks, dealers said.

At 9.07am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 2.69 points lower at 1,546.89 from Wednesday’s close of 1,549.58.

The barometer index opened 1.37 points easier at 1,548.21.

On the broader market, gainers led losers 306 to 251, while 281 counters were unchanged, 1,196 untraded and 68 others suspended.

Trading volume stood at 1.34 billion shares worth RM399.57 million.

Source: TheEdgeMarkets