Bursa ends the week in red, dragged by healthcare-linked counters

BURSA Malaysia ended the week in red territory, with losses led by healthcare-linked counters as Malaysia administered 117,563 doses of COVID-19 vaccine yesterday, the highest ever since the vaccination programme started in February.

Among the indexes, the healthcare index erased almost 2% to 3,066.07.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 12.12 points, or 0.76%, to 1,578.45 from Thursday’s close of 1,590.57.

The market barometer opened 0.27 points lower at 1,590.30 and hovered between 1,573.34 and 1,590.31 throughout the session.

Overall, market breadth was negative with losers leading gainers 605 to 451, while 430 counters were unchanged, 656 untraded, and 12 others suspended.

Total volume rose to 7.21 billion units worth RM3.57 bil from 6.91 billion units worth RM3.6 bil recorded at Thursday’s close. – June 4, 2021

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