Bursa Malaysia started the day on a weaker note, following the lackluster performance of global markets due to concerns about China's economy. The FTSE Bursa Malaysia KLCI shed 2.58 points, opening at 1,387.24.
Losers outnumbered gainers, while a significant number of counters remained unchanged. The subdued sentiment was influenced by the futures market indicating a weak opening for US equities.
The Hang Seng Index in Hong Kong also experienced a decline, as traders were uncertain about China's stimulus measures. However, Malaysia's local stock market received a boost from the Prime Minister's reform announcement, aimed at reviving market vibrancy.