Bursa Malaysia ends at intraday low due to cautious sentiment

BURSA Malaysia ended at an intraday low today due to cautious sentiment and a lack of fresh catalysts amid mixed performance by regional markets, said an analyst.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) dropped 5.41 points to 1,418.76 from last Friday’s close at 1,424.17.

The barometer index opened 0.10 points easier at 1,424.07 and moved up to 1,428.04 during the day.

On the broader market, decliners trumped gainers 632 to 285, while 427 counters were unchanged, 951 untraded and eight others suspended.

Turnover decreased to 3.01 billion units worth RM1.80 bil from 3.03 billion units worth RM2.43 bil on Friday. – Oct 2, 2023

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