Bursa Malaysia ends lower for fourth consecutive day on Thursday

BURSA Malaysia ended lower for the fourth consecutive day, primarily due to profit-taking activities in the construction, telecommunications, utilities and energy sectors, said an analyst.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.44% easier or 7.10 points to 1,592.69 from Wednesday’s (June 19) close of 1,599.79.

The benchmark index opened 3.52 points lower at 1,596.27, its intraday high, and hit a low of 1,590.37 in the early morning session.

On the broader market, decliners trounced gainers 816 to 352, with 447 counters unchanged, 797 untraded and 17 others suspended.

Turnover fell to 5.03 billion units worth RM3.42 bil from Wednesday’s 5.57 billion units valued at RM4.06 bil. – June 20, 2024

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