Bursa Malaysia ends marginally lower amid caution on Wednesday

BURSA Malaysia continued its downtrend to end marginally lower today due to a lack of buying interest as investors were cautious amid global economic uncertainties, an analyst said.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell by 6.25 points, or 0.45%, to 1,380.57 from yesterday’s (Oct 11) close of 1,386.82.

The barometer index opened 1.46 points higher at 1,388.28, before turning negative at mid-morning and stayed in the negative territory during the afternoon session. It was traded between an intraday low of 1,376.54 and an intraday high of 1,391.47.

On the broader market, decliners surpassed gainers 490 to 344, while 384 counters were unchanged, 1,140 untraded and 17 others suspended. — Oct 12, 2022

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