Bursa Malaysia ends lower in muted trading ahead of CNY

bursa

BURSA Malaysia finished in the negative territory today weighed by subdued trading observed across the board ahead of the upcoming Chinese New Year (CNY) festive holidays, said an analyst.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 14.76 points, or 0.94% to end at its intraday low of 1,558.97 compared to Friday’s close of 1,573.73.

The benchmark index opened marginally lower by 0.42 of-a-point at its intraday high of 1,573.31 and moved in a downtrend path towards closing.

Market breadth was negative with decliners thumping gainers 782 to 235, with 415 counters unchanged, 916 untraded and 60 suspended. – Jan 27, 2025

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