BURSA Malaysia recouped its earlier losses to end flattish amid a weaker broader market primarily due profit-taking after hitting a fresh three-year high yesterday (July 17), said an analyst.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) edged up 0.27 of-a-point to 1,633.81 from Wednesday’s close of 1,633.54.
The benchmark index opened 0.16 of-a-point higher at 1,633.70 and moved between 1,627.93 and 1,634.24 throughout the day.
On the broader market, losers trounced gainers 727 to 499, with 503 counters unchanged, 719 untraded, and 16 others suspended. – July 18, 2024
