BURSA Malaysia closed in negative territory in tandem with the weak regional performance with key regional indices ending mostly lower as investors are cautious ahead of the earnings season, an analyst said.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was 0.17% or 2.54 points easier to 1,432.36 from Monday’s close of 1,434.90.
The benchmark index opened 0.57 of a point higher at 1,435.47 and moved between 1,429.59 and 1,435.47 throughout the trading session.
The market breadth was broadly negative as decliners outpaced gainers 527 to 330, while 390 counters were unchanged, 1,033 untraded and 12 others suspended.
Turnover narrowed to 3.17 billion units worth RM1.85 bil from 3.25 billion units valued at RM1.89 bil on Monday. – April 18, 2023
