BURSA Malaysia failed to sustain its early gains and closed lower, weighed down by profit-taking following its recent strong performance, with the benchmark index slipping 0.14 per cent.
At 5 pm, the FBM KLCI eased 2.42 points to 1,712.74 compared with Thursday’s close of 1,715.16.
The benchmark index opened 2.47 points higher at 1,717.63 and fluctuated between 1,708.03 and 1,721.48 throughout the trading session.
Market breadth was negative, with decliners beating advancers by 564 to 482. A total of 589 counters were unchanged, while 1,021 counters were untraded and 22 were suspended. —Jan 16, 2025
