Bursa Malaysia ends lower in line with weaker regional markets

BURSA Malaysia ended lower today in tandem with the negative performance across the regional markets, coupled with extended selling activities from foreign funds, said a dealer.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined 2.92 points to 1,438.12 from Friday’s closing of 1,441.04.

The index opened 0.69 of a point higher at 1,441.73 and moved between 1,435.05 and 1,443.86 during the session.

The key index managed to recoup earlier losses during the mid-afternoon session on mild bargain hunting, but it only lasted 40 minutes.

On the broader market, decliners beat gainers 743 to 195, while 384 counters were unchanged, 1,035 untraded and nine suspended.

Turnover decreased to 3.38 billion units worth RM2.0 bil from 3.51 billion units worth RM1.9 bil on Thursday. – Oct 23, 2023

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