Bursa ends lower as sentiment hit by rising COVID-19 cases

BURSA Malaysia drifted further to end the day broadly lower on the back of rising COVID-19 infections in the country with 6,075 new cases today.   

The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) managed to pare some of its losses to finish 10.8 points lower at 1,580.52 compared with Tuesday’s close of 1,591.32. 

The market bellwether, which opened 0.10 of-a-point easier at 1,591.22, fluctuated between 1,574.28 and 1,591.32.   

Overall market breadth was also negative with loser thumping gainers 905 to 228, while 335 counters were unchanged, 736 untraded, and seven others suspended. – May 19, 2021

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