Bursa snaps 6-day winning streak to end lower at closing

BURSA Malaysia snapped a six-day winning streak to close lower on Thursday, taking cues from the mixed global market performance amid moderate profit-taking activities.

As at 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) dipped 1.43 points to end at 1,543.61 compared with 1,545.04 yesterday.

The index opened 0.31 of-a-point weaker at 1,544.73 this morning, went through choppy trading throughout the day, and moved between 1,539.57 and1,547.75.

On the broader market, gainers led losers 448 to 408 while 436 counters were unchanged, 1,019 untraded, and 53 others suspended.

Turnover fell to 2.24 billion units valued at RM1.51 bil from Wednesday’s 2.41 billion units valued at RM1.83 bil.

On the index board, the FBM Emas Shariah Index increased 25.88 points to 12,080.11, the FBM 70 rose 11.86 points to 14,236.90 while the FBM ACE put on 30.69 points to 6,393.66.

However, the FBM Emas Index was 5.16 points easier at 11,190.05 and the FBMT 100 Index fell 5.65 points to 10,890.29.

Sector-wise, the Financial Services Index slipped 108.52 points to 15,512.53, the Industrial Products and Services Index shed 0.48 of-a-point to 201.60, but the Plantation Index perked up 43.70 points to 6,588.48.

The Main Market volume narrowed to 1.23 billion shares valued at RM1.32 bil versus Wednesday’s 1.39 billion shares valued at RM1.6 bil.

Warrants turnover declined to 140.92 million units worth RM18.53 million compared with 168.21 million units worth RM22.1 million yesterday.

However, the ACE Market volume improved to 873.75 million shares valued at RM165.78 mil from 840.37 million shares valued at RM211.51 mil previously.

Consumer products and services counters accounted for 222.81 million shares traded on the Main Market, industrial products and services (440.25 million), construction (39.37 million), technology (206.97 million), SPAC (nil), financial services (54.92 million), property (67.27 million), plantation (7.85 million), REITs (6.70 million), closed/fund (55,000), energy (63.87 million), healthcare (59.36 million), telecommunications and media (24.21 million), transportation and logistics (25.77 million), and utilities (9.49 million). – Dec 30, 2021

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