Bursa ends lower due to selling pressure

PERSISTENT selling pressure in most heavyweight counters saw Bursa Malaysia ending at an intra-day low today, amid mostly weaker sentiments in the regional stock markets, dealers said.

At the close, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) lost 21.07 points to 1,583.68, after hitting a high of 1,596.55 during the day.

On the broader market, losers trumped gainers 730 to 462, while 455 counters were unchanged, 523 untraded and 28 others suspended.

Total volume decreased to 9.53 billion units worth RM4.48 bil from 14.41 billion units worth RM5.09 bil on Wednesday. – Nov 19, 2020

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