Bursa Malaysia ends marginally lower on profit taking

BURSA Malaysia closed marginally lower due to profit-taking, particularly in banking and plantation stocks, an analyst said.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased by 1.11 points to 1,432.63 from Monday’s close of 1,433.74.

The benchmark index opened 2.16 points weaker at 1,431.58 and moved between 1,428.52 and 1,432.75 throughout the day.

The market breadth was negative with decliners surpassing gainers 555 to 328 while 402 counters were unchanged, 957 untraded and 21 others suspended.

Turnover rose to 3.45 billion units valued at RM2.12 bil from 3.05 billion units valued at RM1.58 bil on Monday. – May 9, 2023

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