BURSA Malaysia bucked the regional trend to end marginally lower after the long holiday weekend amid profit-taking in selected heavyweights, said a dealer.
At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.88 of-a-point to 1,499.45 from last Friday’s (Jan 20) closing of 1,500.33.
The market bellwether opened 0.97 of-a-point better at 1,501.30, and moved between 1,494.73 and 1,501.86 throughout the session.
However, market breadth was positive with gainers outpacing losers 578 to 262, while 399 counters were unchanged, 957 untraded, and nine others suspended
Turnover rose to 2.83 billion units worth RM1.68 bil against last Friday’s 2.34 billion units worth RM1.71 bil. — Jan 25, 2023