BURSA Malaysia continued its downtrend to close lower for the fourth day running today, in line with regional peers due to a broad global equity sell-off, said an analyst.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 9.30 points or 0.57% to end at its intraday low of 1,632.23 from Wednesday’s close of 1,641.53.
The benchmark index opened 2.48 points lower at 1,639.05 and hit its intraday high of 1,643.08 in the early session.
Market breadth was negative, with decliners trouncing advancers 712 to 312, while 514 counters were unchanged, 964 untraded, and nine suspended.
Turnover fell to 2.64 billion units valued at RM2.28 bil versus 3.24 billion units valued at RM2.64 bil yesterday. – Oct 24, 2024
