Bursa Malaysia ends marginally lower on profit-taking on Thursday

BURSA Malaysia closed marginally lower today due to profit-taking activities following yesterday’s (Aug 9) rally, with some investors keeping to the sidelines awaiting fresh catalysts.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 3.1 points to 1,458.93 from 1,462.03 at Wednesday’s close.

The barometer index opened 1.67 points lower at 1,460.36 and moved between 1,453.37 and 1,460.7 throughout the day.

On the broader market, decliners outpaced gainers 464 to 358, while 450 counters were unchanged, 1,015 untraded and 12 others suspended.

Turnover decreased to 2.92 billion units worth RM1.83 bil, from 3.17 billion units worth RM2.19 bil yesterday. – Aug 10, 2023

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