Bursa Malaysia ends lower on Friday

BURSA Malaysia closed the week lower today as investors engaged in profit-taking amid regional market weakness, according to a dealer.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) dropped 9.78 points, or 0.60%, to 1,619.40 from Thursday’s (May 23) close of 1,629.18.

The benchmark index, which opened 4.22 points weaker at 1,624.96, fluctuated between 1,614.83 and 1,624.96 throughout the trading session.

On the broader market, decliners outnumbered gainers 845 to 450, with 441 counters unchanged, 670 untraded and 10 suspended.

Turnover fell to 5.61 billion units worth RM4.58 bil, down from Thursday’s 6.2 billion units worth RM4.67 bil. – May 24, 2024

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