THE market bellwether FTSE Bursa Malaysia KLCI (FBM KLCI) extended its decline for a second consecutive day, dragged down by selling mainly in banking stocks in tandem with the weak regional performance.
At 5pm, the market bellwether eased by 6.95 points or 0.48% to 1,425.68 from Tuesday’s close of 1,432.63.
The key index opened 0.48 of-a-point firmer at 1,433.11 and moved between 1,424.53 and 1,433.68 throughout the session.
The market breadth was negative with decliners surpassing gainers 438 to 364 while 435 counters were unchanged, 1,005 untraded and 23 others suspended.
Turnover decreased to 2.78 billion units valued at RM1.65 bil from 3.45 billion units valued at RM2.12 bil on Tuesday. – May 10, 2023
