KUALA LUMPUR: Bursa Malaysia slipped in early trade as profit taking emerged, while losses in PETRONAS-linked heavyweights added to the pressure following Wall Street’s overnight selloff. The benchmark FBM KLCI fell 5.26 points, or 0.31%, to 1,752.51 at 9.13 am, after opening 1.99 points lower at 1,755.99. Berjaya Research said the FBM KLCI is poised to consolidate going forward with a mild positive bias, underpinned by its recent streak of gains and improving market breadth. “Technically, the FBM KLCI has gapped up and formed another doji candlestick. “Meanwhile, the immediate support is envisaged at 1,734 points, followed by 1,720 points,” Berjaya Research said.
