Benchmark index to hover between 1,435 and 1,445 today, says analyst.
KUALA LUMPUR: Bursa Malaysia opened lower today after a one-day break as a fall in Asian equities yesterday prompted continued caution despite overnight gains on Wall Street.
The Dow Jones Industrial Average added 116 points while the Nasdaq gained 108 points as the US 10-year Treasury yield edged down to 4.579%, coming down from 16-year highs. At 9.10am, the FTSE Bursa Malaysia KLCI fell 4.99 points, or 0.34% to 1,435.12 from Wednesday’s close of 1,440.11. The index opened 3.72 points easier at 1,436.39.
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