Bursa Malaysia ends lower for third consecutive day

BURSA Malaysia closed lower for the third consecutive day, mirroring the subdued performance of the United States (US) stock indices following a day of mixed trading, said an analyst.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 1.01 points to end at its intraday low of 1,641.53 from Tuesday’s close of 1,642.54.

The benchmark index opened 1.67 points firmer at 1,644.21 and hit an intraday high of 1,645.90 at mid-morning.

Market breadth was positive, with advancers surpassing decliners 563 to 471, while 541 counters were unchanged, 928 untraded, and 15 suspended.

Turnover expanded to 3.24 billion units valued at RM2.64 bil versus 2.67 billion units valued at RM2.49 bil yesterday. – Oct 23, 2024

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