Bursa ends lower as sentiment remains weak

MOUNTING concerns over a new COVID-19 strain coupled with weak oil prices took a heavy toll on investors’ sentiment, dragging Bursa Malaysia to record its fourth day of losses today.

At the close, the key FTSE Bursa Malaysia KLCI (FBM KLCI) erased 15.97 points to 1,631.92 after moving between 1,625.39 and 1,647.36 throughout the session.

The overall market breadth was also negative as losers hammered gainers 1,045 to 252, while 395 counters were unchanged, 445 untraded and 17 others suspended.

Total volume declined to 7.84 billion units worth RM4.14 bil from 8.08 billion units valued at RM3.66 bil on Monday. – Dec 22, 2020

 

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