BURSA Malaysia pared most of its earlier losses to close off its intraday low today, falling 0.3%, after some buying activity emerged in oil and gas and telecommunication stocks during the final hour of trading, a trader said.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined 4.80 points to end at 1,482.57 compared with Monday’s closing of 1,487.37.
The benchmark index opened 2.45 points easier at 1,484.92 this morning at its intraday high, hit a low of 1,477.54 during the mid-morning session.
On the broader market, decliners beat gainers 467 to 407, while 416 counters were unchanged, 1,028 untraded, and seven others suspended.
Total turnover declined to 2.03 billion units worth RM1.55 bil from 2.18 bil units worth RM1.56 bil yesterday. — Aug 23, 2022
