Bursa Malaysia ends at intraday low amid heavy regional selldown

BURSA Malaysia ended broadly lower for the second consecutive day, dragged down by persistent selling across the board in tandem with the heavy selldown seen in regional bourses.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) dropped 19.40 points, or 1.30 per cent, to finish at its intraday low of 1,468.44 from Tuesday’s close of 1,487.84.

The benchmark index, which opened 12.60 points lower at 1,475.24, reached its highest at 1,480.55 in early trade.

Market breadth was negative with decliners thumping advancers 595 to 256, while 387 counters were unchanged, 1,113 untraded, and 13 others suspended.

Total turnover was marginally lower at 2.63 billion units worth RM1.63 bil from 2.64 billion units worth RM1.74 bil on Tuesday. – Sept 14, 2022

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