BURSA Malaysia closed lower today after notching modest gains yesterday (June 26), dragged by the weakness in selected oil and gas heavyweights, said an analyst.
Apex Securities Bhd head of research Kenneth Leong said the weakness was largely in tandem with the mostly negative performance across regional markets following the softer-than-expected China industrial profit data.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 0.38% or 6.01 points to 1,584.94 from Wednesday’s close of 1,590.95.
The benchmark index opened 0.58 of-a-point firmer at 1,591.53 and moved between 1,582.31 and 1,592.26 throughout the trading session.
On the broader market, decliners thumped gainers 804 to 320, with 455 counters unchanged, 862 untraded and 73 others suspended.
Turnover decreased to 4.23 billion units worth RM3.13 bil from yesterday’s 4.73 billion units worth RM3.22 bil. – June 27, 2024
