Bursa slips below 1,500-mark amid rising global market concerns

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KUALA LUMPUR: Bursa Malaysia trended lower in early trade today, slipping below 1,500-mark, tracking Wall Street’s downbeat performance last Friday amid looming concerns and uncertainties in the global market.
At 9.04am, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined by 49.92 points, or 3.32%, to 1,454.22 from Friday’s close of 1,504.14.
The benchmark index opened 28.83 points lower at 1,475.31.
The broader market was also negative. Decliners thumped gainers 748 to 39, while 148 counters were unchanged, 1,424 untraded, and 19 suspended.
More to come

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