BURSA Malaysia ended lower for the third consecutive day today, dragged by continued profit-taking in selected industrial products and services, as well as plantation counters, amid weaker sentiments on the regional markets, dealers said.
At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) eased 1.89 points to 1,518.85 from Wednesday’s close of 1,520.74.
Press Metal and Sime Darby Plantation shed 8 sen each to RM5.29 and RM3.92, respectively, pulling the key index lower by a combined 2.12 points.
The FBM KLCI opened 0.26 of-a-point lower at 1,520.48 and fluctuated between 1,517.14 and 1,522.72 throughout the trading session.
The broader market was slightly negative as decliners outpaced advancers 498 to 447, while 418 counters were unchanged, 929 untraded, and 18 others suspended.
Turnover declined to 3.02 billion units valued at RM2.24 bil from Wednesday’s 3.43 billion units valued at RM2.32 bil. – Nov 11, 2021
