BURSA Malaysia erased earlier gains to close marginally lower today at its intraday low due to profit-taking activities, particularly in financial services stocks in the last 10 minutes of trading, a dealer said.
At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) trimmed 1.53 points or 0.10% to 1,488.27 from Monday’s close of 1,489.80.
The benchmark index opened 2.78 points firmer at 1,492.58 and moved between 1,488.27 and 1,497.00 throughout the trading session.
However, on the broader market, advancers led decliners 470 to 348, while 424 counters were unchanged, 1,032 untraded and seven others suspended.
Total turnover expanded to 2.19 billion units worth RM1.65 bil from 2.08 billion units worth RM1.25 bil last Friday. – Sept 6, 2022
