Bursa closes lower on selling in industrial products, plantation counters

PERSISTENCE selling in selected industrial products and services as well as plantation counters has pushed Bursa Malaysia to end the week lower today, in line with weaker sentiment in most of the regional bourses, dealers said.

At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined 6.85 points to 1,601.65 compared to Wednesday’s close of 1,608.50.

The market bellwether opened 6.71 points higher at 1,615.21 and moved between 1,600.05 and 1,615.60 during trading session.

Overall market breadth remained negative as losers thumped gainers 582 versus 508, while 453 counters were unchanged, 648 untraded and 51 others suspended.

Total volume rose to 6.75 billion shares worth RM4.61 bil from 6.59 billion shares worth RM3.85 bil on Wednesday. – April 30, 2021

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