Bursa Malaysia ends lower on profit-taking on Thursday

BURSA Malaysia ended lower today on profit-taking activities, in sync with regional peers taking the cue from the sharp fall on Wall Street on Wednesday (Oct 18) and rising tension in the Middle East, a dealer said.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) shed 3.88 points to 1,442.66 from Wednesday’s closing of 1,446.54.

The index opened 3.28 points lower at 1,443.26 and moved between 1,441.34 and 1,445.18 during the session.

On the broader market, decliners trumped gainers 509 to 337, while 457 counters were unchanged, 1,048 untraded and 10 suspended.

Turnover decreased to 3.07 billion units worth RM2.02 bil from 3.41 billion units worth RM2.71 bil on Wednesday. – Oct 19, 2023

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