BURSA Malaysia closed lower for the fifth consecutive session today as weak market sentiment due to external developments weighed on investors’ risk appetite.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 5.55 points or 0.39% to 1,417.37 from Friday’s close of 1,422.92.
The barometer index opened slightly higher at 1,423.53 this morning and then fluctuated between 1,415.94 and 1,427.36 throughout the session.
The market breadth was negative with decliners beating gainers 547 to 304 while 411 counters were unchanged, 995 untraded, and 28 others suspended.
Turnover dropped marginally to 2.66 billion units worth RM1.41 bil from 2.74 billion units valued at RM1.77 bil on Friday. – May 15, 2023
