KUALA LUMPUR, Jan 27 ― Bursa Malaysia remained lower at mid-day today in line with its regional peers, amid volatile lead from Wall Street on prospect of interest rate hike in the United States, analysts said.
The key index opened 0.72 of-a-point higher at 1,516.48 and moved between 1,510.64 and 1,518.61 during the morning session. Meanwhile, Maybank Investment Bank expects the FBM KLCI to move between 1,505 points and 1,535 points range today, with supports at 1,500 and 1,475. Among other heavyweights, Maybank was flat at RM8.30, Public Bank added two sen to RM4.22 and CIMB rose one sen to RM5.27.
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