KLCI opens in the red as banks weigh

KUALA LUMPUR: Malaysia's FBM KLCI opened lower on Wednesday, weighed down by banks but the broader market was firmer, tracking the key regional markets and the rebound on Wall Street.

At 9am, the FBM KLCI was down 2.26 points to 1,834.91. Turnover was 31.16 million shares valued at RM11.75mil. There were 100 gainers, 46 losers and 112 counters unchanged.