KUALA LUMPUR: Bursa Malaysia opened lower today as sentiment remained jittery over the deepening debt crisis of property developer China Evergrande Gr...
: Bursa Malaysia opened lower today as sentiment remained jittery over the deepening debt crisis of property developer China Evergrande Group coupled with the ineffectiveness of the Chinese government’s stimulus package, a dealer said.
Nevertheless, Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said bargain-hunting activities are expected to emerge on the local front, buoyed by the positive developments in the United States . Among the heavyweight counters, Maybank and CIMB improved one sen to RM8.80 and RM5.44 respectively, and Public Bank added two sen to RM4.08, while Tenaga Nasional lost eight sen to RM9.91 and Petronas Chemicals fell two sen to RM7.17.
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