BURSA Malaysia closed lower on Tuesday after notching a small gain in early trade as profit-taking activities set in ahead of the Wesak Day public holiday on Wednesday.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined 5.41 points, or 0.33%, to 1,622.09 from Monday’s close of 1,627.50.
The benchmark index, which opened 0.88 of-a-point firmer at 1,628.38, its intraday high, and hit a low of 1,620.80 in the mid-morning session.
On the broader market, losers led gainers 726 to 470, with 492 counters unchanged, 701 untraded and nine others suspended.
Turnover eased to 5.42 billion units worth RM4.22 bil compared to Monday’s 6.98 billion units worth RM4.36 bil. – May 21, 2024
