Bursa Malaysia ends marginally lower in lacklustre trading

BURSA Malaysia ended marginally lower today in lacklustre trading, driven by persistent profit-taking in selected financial services and plantation counters, amid mixed sentiment on regional markets, dealers said.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 1.47 points or 0.10% to 1,493.56 from Friday’s closing of 1,495.03.

The market bellwether opened 0.22 of-a-point weaker at 1,494.81 and moved between 1,489.0 and 1,496.05 throughout the day.

Market breadth was negative with losers surpassing gainers 485 to 411, while 387 counters were unchanged, 919 untraded, and 28 others suspended.

Turnover increased to 3.92 billion units worth RM2.03 bil against Friday’s 3.40 billion units worth RM2.02 bil. – Jan 16, 2023


Main pic credit: The Malaysian Reserve

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