Bursa Malaysia down at the close for fourth day running, key index at lowest year to date

BURSA Malaysia extended its downtrend at the close for the fourth consecutive session today with the benchmark index hitting a new year-to-date low as cautious investors offloaded shares.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell by 7.21 points, or 0.52%, to 1,373.36 from Wednesday’s close of 1,380.57.

The barometer index opened 4.29 points higher at 1,384.86, before retreating mid-morning into negative territory.

It was traded between an intraday low of 1,372.57 and an intraday high of 1,385.07.

On the broader market, decliners surpassed gainers 521 to 321, while 353 counters were unchanged, 1,151 untraded, and nine others suspended. — Oct 13, 2022

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