BURSA Malaysia extended its decline for the second consecutive day today on persistent selling pressure mainly in telecommunications and commodity-related counters, in tandem with the downbeat regional markets.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 6.68 points, or 0.46%, to 1,444.56 from 1,451.24 at Tuesday’s (Aug 1) close.
The barometer index opened 1.79 points weaker at 1,449.45 and fluctuated between 1,441.85 and 1,450.28 throughout the day.
The market breadth was also negative with decliners trouncing advancers 555 to 348, while 419 counters were unchanged, 943 untraded and 17 others suspended.
Turnover stood at 2.79 billion units worth RM1.88 bil. – Aug 2, 2023