BURSA Malaysia ended broadly lower today weighed down by persistent selling in heavyweights, in tandem with the weakness in most regional peers.
Asian shares took the cue from the ongoing volatility in global stock markets after strong United States’ (US) jobs data fuelled concerns over aggressive monetary policy tightening, said a dealer.
At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 20.10 points to 1,491.95 from Tuesday’s close of 1,512.05.
Bursa Malaysia and its subsidiaries were closed yesterday (Aug 31) for the National Day holiday.
The benchmark index opened 14.04 points lower at 1,498.01, and subsequently moved between 1,490.71 and 1,503.49 throughout the day.
On the broader market, losers trumped gainers 661 to 269, while 372 counters were unchanged, 986 untraded, and 20 others suspended.
Total turnover fell to 2.44 billion units worth RM2.02 bil from 2.86 billion units worth RM2.72 bil on Tuesday (Aug 30). — Sept 1, 2022
