BURSA Malaysia closed lower today amid muted trading as investors retreated to the sidelines ahead of the extended weekend Raya festive break, an analyst said.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 2.96 points or 0.20% lower to 1,422.11 from Wednesday’s close of 1,425.07.
The barometer index opened 3.57 points firmer at 1,428.64 and moved between 1,418.82 and 1,428.64 throughout the trading session.
The market breadth was negative as decliners surpassed gainers 446 to 358 while 404 counters were unchanged, 1,091 untraded, and 18 others suspended.
Turnover narrowed to 2.46 billion units valued at RM1.46 bil from 3.14 billion units valued at RM1.76 bil on Wednesday. – April 20, 2023
