Bursa Malaysia wobbles at the open, stocks continue to hit bottom limits

KUALA LUMPUR: The recovery on Wall Street overnight could provide the opportunity for investors to search for bargains on Bursa Malaysia, especially as valuations entered oversold levels after the selldown over the last three days.

At the start of Friday trading, the benchmark FBM KLCI was up one point to 1,480.18. At the time of writing, however the index had pulled back to negative-0.65 points to 1,478.53, indicating investor indecision.