Bursa Malaysia ends easier as consolidation phase continues

BURSA Malaysia ended in negative territory today as it continued its consolidation phase due to a lack of buying catalysts, said an analyst.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 3.14 points, or 0.19% to 1,642.54 from Monday’s close of 1,645.68.

The benchmark index opened 1.78 points higher at 1,647.46 and moved between 1,642.35 and 1,648.31 throughout the day.

On the broader market, decliners surpassed advancers 509 to 460, with 540 counters unchanged, 972 untraded and 13 suspended.

Turnover declined to 2.67 billion units valued at RM2.49 bil versus 3.02 billion units valued at RM2.19 bil yesterday. – Oct 22, 2024

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