Bursa Malaysia ends lower on global selldown

BURSA Malaysia ended sharply lower today, weighed down by persistent selling in heavyweight stocks due to the global market selldown, said an analyst.

At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 19.18 points to 1,386.82 from Friday’s close of 1,406.00.

The benchmark index, which opened 5.42 points lower at 1,400.58, remained in the negative territory throughout the day, at one point hitting an intraday low of 1,383.25.

On the broader market, decliners trounced gainers 787 to 197, while 302 counters were unchanged, 1,073 untraded and 17 others suspended. – Oct 11, 2022


Main photo credit: Bernama 


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