Bursa Malaysia closes mixed on late selling, CI ends at intra-day low on Thursday

LATE selling in selected heavyweights, led by healthcare and consumer products and services counters, have resulted in Bursa Malaysia closing mixed today.

The local benchmark index ended at an intra-day low despite positive sentiment from regional bourses.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 1.83 points, or 0.13%, to 1,396.23 from 1,398.06 at Wednesday’s close.

The barometer index opened 3.04 points better at 1,401.10 this morning and moved to the highest point of 1,401.76 in the morning session.

The broader market was positive as gainers beat losers 518 to 378, while 400 counters were unchanged, 960 untraded and 14 others suspended.

Turnover rose to 2.93 billion units worth RM1.78 bil versus 2.82 billion units worth RM1.73 bil on Wednesday (July 12).

IHH Healthcare and Petronas Dagangan were the top contributors to the losses in the key index, declining 18 sen and 64 sen each to RM5.77 and RM21.76, respectively, with a combined total of 3.67 points. – July 13, 2023

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