Bursa Malaysia ends lower for second day running

BURSA Malaysia closed lower for a second consecutive day on Tuesday with the key index falling 0.92%, as sentiment turned jittery with investors trimming their positions ahead of the 15th General Election (GE15), said a dealer.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) lost 13.46 points to end at 1,450.54 compared to Monday’s close of 1,464.00.

The market bellwether opened 2.49 points easier at 1,461.51, its intraday low, and hit its day’s high of 1,447.87 in the early morning session.

On the broader market, losers outpaced gainers 541 to 332, while 376 counters were unchanged, 1,076 untraded, and 13 others suspended.

Turnover eased to 2.78 billion units valued at RM1.68 bil versus 2.80 billion units valued at RM1.57 bil on Monday. – Nov 15, 2022

Subscribe and get top news delivered to your Inbox everyday for FREE