Bursa ends broadly lower on Monday’s close

BURSA Malaysia closed broadly lower across the board today due to heavy profit-taking activities following strong rallies for over a week, a dealer said.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was lower by 1.27% or 20.36 points to 1,582.69 from 1,603.05 at Friday’s close.

The index, which opened 1.39 points lower at 1,601.66, moved between 1,578.61 and 1,603.38 throughout the session.

The overall market breadth was negative with decliners surpassing gainers 719 to 338, while 378  counters were unchanged, 803 untraded and nine others suspended.

Total turnover was higher at 4.02 billion units worth RM3.08 bil versus 3.87 billion units worth RM2.99 bil on Friday. – Feb 21, 2022

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