KUALA LUMPUR: Bursa Malaysia opened lower in early trade today, taking the cue from the weaker performance on Wall Street, as it took a turn and fell across the board.
KUALA LUMPUR: The FBM KLCI succumbed to some mild profit taking in early trade on Thursday, following the weaker overnight close at Wall Street and European markets.
KUALA LUMPUR: RHB Investment Bank Research has downgraded the technology sector to “neutral” from overweight, after factoring in the semiconductor sector’s weakening demand, which is likely to persist, notwithstanding the gains from the strengthening US dollar, and growth in certain sub-segments.