Bursa Malaysia ends on softer note on Thursday despite OPR status quo

BURSA Malaysia closed on a softer note despite Bank Negara Malaysia’s (BNM) decision to retain the overnight policy rate (OPR) at 3.00%.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 3.95 points, or 0.28%, to 1,385.95 from 1,389.90 at Wednesday’s (July 5) close.

The key index opened 0.19 of a point lower at 1,389.71 this morning and moved between 1,381.86 and 1,389.71 throughout the session.

The broader market was also negative as losers trounced gainers 514 to 339, while 398 counters were unchanged, 995 untraded and 18 others suspended.

Turnover decreased slightly to 2.45 billion units worth RM1.65 bil versus 2.54 billion units worth RM1.52 bil on Wednesday. – July 6, 2023

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