BURSA Malaysia ended the week on a softer note, with the key index closing at its intraday low, in the absence of buying catalysts amid regional weakness as global economic uncertainties and geopolitical concerns kept investors edgy.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) shed 8.24 points to close at 1,592.44 from yesterday’s close of 1,600.68.
The benchmark index, which opened 0.75 of-a-point higher at 1,601.43, hit an intraday high of 1,604.51 in the early session before losing steam to move downwards throughout the rest of the trading session.
The market breadth was negative with decliners trouncing gainers 563 to 378, while 501 counters were unchanged, 1,020 untraded and 21 suspended.
Turnover slid to 2.68 billion units valued at RM2.65 bil versus 3.14 billion units worth RM2.69 bil on Thursday. – Nov 15, 2024
