Bursa Malaysia ends little changed on lack of catalysts

Bursa Malaysia ended today’s trading session little changed as investors seemed reluctant to make more significant moves due to the absence of buying catalysts amid a better regional market performance, said a dealer.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose marginally by 0.79 of-a-point or 0.05% to 1,488.66 from yesterday’s (Jan 11) closing of 1,487.87.

The market bellwether, which opened 0.70 of-a-point firmer at 1,488.57, moved at a narrow range between 1,486.15 and 1,491.35 throughout the day.

Market breadth was negative with losers surpassing gainers 467 to 441, while 403 counters were unchanged, 891 untraded, and 12 others suspended.

Turnover was unchanged at 3.57 billion units worth RM2.75 bil against yesterday’s 3.57 billion units worth RM2.17 bil. — Jan 12, 2023

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