Bursa Malaysia ends slightly down due to lack of buying catalysts

BURSA Malaysia reversed yesterday’s gains to end marginally lower today after a lacklustre trading session, as investors seemed reluctant to make more significant moves due to the absence of buying catalysts, an analyst said.

At 5pm, the barometer index slipped 0.78 point, or 0.06%, to 1,428.76 from Monday’s close of 1,429.54.

The index, which opened 0.85 point weaker at 1,428.76, moved between 1,417.16 and 1,430.86 throughout the day.

On the broader market, losers outpaced gainers 431 to 330, while 399 counters were unchanged, 1,129 untraded and eight others suspended.

Total turnover fell to 1.73 billion units worth RM1.32 bil from 2.40 billion units valued at RM1.28 bil on Monday. — July 19, 2022

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