Bursa Malaysia ends lower, in line with regional peers on Thursday

BURSA Malaysia retreated from yesterday’s gains to end lower today, in tandem with the weaker regional market performance following a large scale selldown of global equities overnight, said an analyst.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 12.33 points, or 0.88%, to 1,391.60  from Wednesday’s close of 1,403.93.

The key index opened 3.11 points lower at 1,400.82 and moved between 1,391.04 and 1,403.93 throughout the day.

Market breadth was negative with decliners thumping gainers 719 to 238 while 341 counters were unchanged, 969 untraded and 21 others suspended.

Turnover amounted to 3.52 billion units worth RM2.22 bil. — March 16, 2023

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