Bursa Malaysia ends lower on Thursday, tracking regional peers

Bursa Malaysia ended lower for the third consecutive day, tracking the downbeat performance by regional peers as market sentiments turned cautious ahead of the US Federal Reserve’s (Fed) monetary policy decision later today.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell by 0.36%, or 5.33 points to close at 1,452.27 from Wednesday’s (Nov 8) closing of 1,457.60.

The index opened 0.76 points easier at 1,456.84 and moved between 1,450.64 and 1,457.84 throughout the day.

The broader market was negative as decliners outpaced gainers 470 to 439, while 440 counters were unchanged, 1,024 untraded and 20 others suspended.

Turnover narrowed to 3.32 billion units valued at RM1.94 bil from Wednesday’s 3.45 billion units worth RM1.97 bil. – Nov 9, 2023

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