Bursa Malaysia closes mixed on late profit-taking, CI ends at intra-day low

BURSA Malaysia ended mixed with the local benchmark index hitting an intra-day low at the close today, driven by late profit-taking in selected telecommunication and media counters.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 2.50 points to 1,451.94 from 1,454.44 at yesterday’s close.

The barometer index opened 1.79 points firmer at 1,456.23 and moved slightly up to 1,462.80 during the day.

On the broader market, gainers and decliners were equal at 499, 423 counters unchanged, 957 untraded and 70 others suspended.

Bursa Malaysia Bhd and its subsidiaries will be closed on Aug 31, 2023 (Thursday) for the National Day celebration and will resume operations on Friday, Sept 1, 2023.

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