BURSA Malaysia’s benchmark index ended lower today, weighed down by heavy selling in technology and utility stocks, reflecting the ripple effect from a sell-off on Wall Street on Friday driven by strong economic data in the US.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 16.82 points, or 1.05%, to 1,585.59 compared with last Friday’s close of 1,602.41.
The benchmark index, which opened 3.45 points lower at 1,598.96, moved between 1,578.97 and 1,599.36 during the day.
Decliners thumped advancers by 913 to 211, with 450 counters unchanged, 795 untraded and 39 suspended.
Turnover increased to 2.85 billion units valued at RM2.54 bil against last Friday’s 2.52 billion units valued at RM2.42 bil. – Jan 13, 2025
