Bursa Malaysia ends marginally lower on cautious sentiment

BURSA Malaysia ended marginally lower on Monday in tandem with the negative cues from the regional markets performance amid heightened cautious sentiment, an analyst said.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 2.81 points to 1,474.38 from Friday’s closing of 1,477.19.

The barometer index which opened 1.58 points lower at 1,475.61 – its intraday high – dropped to as low as 1,468.85 in the morning session and maintained its choppy and narrow-range trading in the afternoon session.

On the broader market, decliners thumped advancers 532 versus 368, while 377 counters were unchanged, 986 untraded, and 12 others suspended. – Dec 12, 2022

Subscribe and get top news delivered to your Inbox everyday for FREE