BURSA Malaysia moved in a tight range amid muted trading to close easier today, reflecting weak buying interest as investors paused to assess the details of Budget 2025, said an analyst.
Despite the overall decline, certain sectors posted notable gains, particularly technology, transportation & logistics, and industrial products, as seen in the Bursa Malaysia Sector Indices.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.31 of a point, or 0.02 per cent to 1,645.68 from Friday’s close of 1,645.99.
The benchmark index opened 0.72 of-a-point firmer at 1,646.71.
On the broader market, decliners surpassed advancers 645 to 395, with 519 counters unchanged, 922 untraded and seven suspended.
Turnover widened to 3.02 billion units valued at RM2.19 bil versus 2.52 billion units worth RM2.16 bil last Friday. – Oct 21, 2024
