BURSA Malaysia ended the week on a lower note in cautious trading amid a lack of buying catalysts in anticipation of a keynote address by the US Federal Reserve chairman Jerome Powell tonight, according to analysts.
At the close, the FTSE Bursa Malaysia KLCI (FBM KLCI) dropped 5.92 points or 0.36% to 1,635.74 from yesterday’s close of 1,641.66.
The benchmark index opened 1.67 points higher at 1,643.33 and moved between 1,633.31 to 1,644.44 throughout the trading session.
On the broader market, losers outpaced gainers 888 to 255, with 427 counters unchanged, 938 untraded, and eight others suspended.
Turnover slipped to 3.53 billion units valued at RM2.80 bil from 3.72 billion units worth RM3.08 bil on Thursday. – Aug 23, 2024
