BURSA Malaysia extended yesterday’s losses to close lower today on continued profit-taking, mostly seen in transportation and logistics, as well as utilities companies, amid the weaker performance on the regional markets, dealers said.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 1.54 points to end at 1,516.62 compared with Wednesday’s close of 1,518.16.
The benchmark index, which opened 1.38 points easier at 1,516.78 this morning, moved between 1,514.67 and 1,5222.52 throughout the day.
Market breadth was negative as losers led gainers 487 to 364, while 415 counters were unchanged, 1,032 untraded and six others suspended.
Total turnover decreased to 2.51 billion units worth RM1.95 bil from 2.72 billion units worth RM1.91 bil on Wednesday (Aug 17). — Aug 18, 2022
