Bursa Malaysia closes marginally lower amid profit-taking

bursa

BURSA Malaysia closed marginally lower on the final trading day of the week, weighed by profit-taking amid cautious sentiment after Donald Trump’s US election victory.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) dropped 2.04 points, or 0.13%, to close at 1,621.24 compared to Thursday’s close of 1,623.28.

The benchmark index opened 4.34 points higher at 1,627.62 and fluctuated between 1,621.24 and 1,627.62 throughout the day.

The market breadth was also negative, with decliners thumping advancers 653 to 338, while 490 counters were unchanged, 925 untraded, and 17 suspended.

Turnover fell to 2.69 billion units valued at RM1.86 bil versus 3.77 billion units valued at RM3.41 bil on Thursday. – Nov 8, 2024

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