Bursa ends lower on heightened caution in data-heavy week, ahead of US election

BURSA Malaysia ended lower on Monday (Oct 28) as a data-heavy week heightened caution amid on-going concerns about the US election, the interest rate outlook and the Middle East crisis.

At 5pm, the FBM KLCI lost 7.83 points or 0.48% to 1,610.47 from Friday’s (Oct 25) close of 1,618.30.

The benchmark index opened 4.04 points higher at 1,622.34 and fluctuated between the day’s low of 1,609.87 and high of 1,630.39 during the session.

The market breadth was negative with decliners outnumbering advancers 782 to 294 while 484 counters remained unchanged, 942 were untraded and 30 were suspended.

Turnover dipped to 2.45 billion shares valued at RM2.21 bil versus 2.47 billion units valued at RM2.14 bil last Friday (Oct 25). – Oct 28, 2024

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