BURSA Malaysia has reversed its gains earlier to end broadly lower after a lacklustre trading session, as investors seem reluctant to make more significant moves due to the absence of buying catalysts, said an analyst.
At 5pm, the benchmark FBM KLCI eased by 1.13 points to 1,467.31 from Wednesday’s close of 1,468.44.
The benchmark index, which opened 4.92 points higher at 1,473.36, moved between 1,466.33 and 1,478.54 throughout the day.
Market breadth was negative with decliners surpassing advancers 415 to 378, while 433 counters were unchanged, 1,125 untraded and 21 others suspended.
Total turnover was marginally lower at 2.63 billion units worth RM2.67 bil from 2.63 billion units worth RM1.63 bil on Wednesday (Sept 14). — Sept 15, 2022
