BURSA Malaysia ended lower today in line with regional markets after Wall Street fell overnight as fears of a banking crisis in the US resurfaced, an analyst said.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) lost 10.94 points or 0.77% to 1,414.25 from Tuesday’s close of 1,425.19.
The barometer index opened 3.22 points weaker at 1,421.97 and moved between 1,412.75 and 1,422.48 throughout the day.
The market breadth was negative with decliners thumping gainers by 473 to 349 while 414 counters were unchanged, 1,058 untraded and 25 others suspended.
Turnover was slightly lower at 2.55 billion units valued at RM1.54 bil from 2.56 billion units valued at RM1.54 bil on Tuesday. – April 26, 2023
