Bursa Malaysia ends lower on profit-taking

BURSA Malaysia closed lower today amid mixed sentiment on regional markets, as profit-taking set in on selected heavyweights after their recent gains, dealers said.

The FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 2.18 points to end at 1,504.01 compared with Friday’s close of 1,506.19.

The benchmark index, which opened 0.23 of-a-point higher at 1,506.42 this morning, moved between 1,503.02 and 1,510.11 throughout the trading session.

Market breadth was also negative as losers beat gainers 319 to 496, while 442 counters were unchanged, 1,020 untraded, and 18 others suspended.

Total turnover increased to 2.54 billion units worth RM1.73 bil from 2.08 billion units worth RM1.63 bil on Friday. – Aug 15, 2022

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