KUALA LUMPUR (Aug 1): Bursa Malaysia opened marginally higher but retreated thereafter, as profit-taking emerged against selected heavyweights following recent gains, a dealer said. At 9.10am on Monday (Aug 1), the FBM KLCI had fallen 0.52 of a point to 1,491.71 from last Friday’s close at 1,492.23. The benchmark index opened 0.44 of a point firmer at 1,492.67. Of the actives, CSH Alliance Bhd was half a sen higher at 7.5 sen, and Metronic Global Bhd rose 1.5 sen to 15.5 sen, while Serba Dinamik Holdings Bhd fell half a sen to 10 sen, and both Compugates Holdings Bhd and Ta Win Holdings Bhd were flat at one sen and 8.5 sen respectively. Sector-wise, the Plantation Index strengthened 27.93 points to 7,026.27, the Industrial Products and Services Index inched up 0.33 of a point to 184.70, and the Energy Index expanded 6.10 points to 677.34, while the Financial Services Index eased 25.34 points to 16,620.05.

Source: The Edge Markets August 01, 2022 08:18 UTC