Bursa Malaysia pares earlier losses to close almost flat

bursa

BURSA Malaysia pared earlier losses to end marginally lower today on late buying, mirroring the global sell-off that weighed on key regional markets, said an analyst.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) dipped 0.11 per cent or 1.90 points to 1,606.85 from last Friday’s close of 1,608.75.

The index opened 0.13 of-a-point higher at 1,608.88 and moved between 1,603.92 and 1,609.43 throughout the day.

Market breadth was also negative as losers overwhelmed gainers 624 to 335, while 472 counters were unchanged, 1,044 untraded and 16 suspended.

Turnover increased to 3.16 billion units worth RM2.45 bil versus 2.79 billion units valued at RM2.40 bil last Friday. – Dec 16, 2024

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