BURSA Malaysia failed to sustain the buying momentum seen most of the day to end at an intraday low on last-minute selling of selected utilities and plantation heavyweight counters, amid a mixed performance in regional peers.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 9.13 points, or 0.57%, to 1,576.46 from Monday’s close of 1,585.59.
The benchmark index, which opened 7.38 points higher at 1,592.97, moved between 1,576.46 and 1,599.43 during the trading session.
The broader market was negative with decliners leading gainers 588 to 400, while 529 counters were unchanged, 842 untraded, and 17 suspended.
Turnover increased to 3.45 billion units valued at RM2.72 bil against Monday’s 2.85 billion units valued at RM2.54 bil. – Jan 14, 2025
