KUALA LUMPUR - Bursa Malaysia opened marginally bring down toward the beginning of today, following provincial companions and on a further slide in raw petroleum costs in the midst of worries over the result of the current week's meeting of the Organization of Petroleum Exporting Countries (OPEC).
At 9.06am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) remained at 1,624.76 focuses, slipped 2.50 point from last Friday's end of 1,627.26. The record opened 1.89 point bring down at 1,625.37. On the more extensive market, washouts drove gainers 110 to 97, with 117 counters unaltered, 1,418 untraded and 80 others suspended.
Turnover remained at 80.62 million shares worth RM32.04 million. A merchant said OPEC will meet on Wednesday in Vienna to attempt and finish the terms of its first generation diminish in eight years. "In the midst of the uneasiness, Brent Crude exchanging was down 84 pennies at US$46.40 per barrel or 1.8 for each penny, from its last close, while the US West Texas Intermediate (WTI) Crude fell 74 pennies to US$45.32 a barrel," said the merchant.
In the mean time, TA Securities said the close term assessment would stay careful as financial specialists kept on concentrating on the fleeting and long haul ramifications of a Donald Trump US administration and ringgit instability.
"Bursa Malaysia's prompt resistance level for the FBM KLCI remains at 1,643, with quick bolster staying at 1,616," it included. Among heavyweights on Bursa, TNB added four sen to RM14.24, Maybank slid six sen to RM7.74, Sime Darby shed three sen to RM8.07, while Public Bank and Petronas Chemicals were unaltered at RM19.50 and RM6.79 individually.
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