Bursa Malaysia ends week slightly weaker amid global equity volatility

BURSA Malaysia ended the last trading day of the week on a slightly weaker note as market participants largely remained on the sidelines and staying cautious over the high volatility in global equities.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slid 2.30 points, or 0.14%, to 1,612.88 from Thursday’s close of 1,615.18.

The FBM KLCI opened 1.19 points lower at 1,613.99 and moved in a narrow range between 1,610.65 and 1,616.83 throughout the day.

On the broader market, losers thumped gainers 569 to 455, with 556 counters unchanged, 943 untraded, and 52 others suspended.

Turnover sank to 3.83 billion units worth RM2.70 bil from Thursday’s 4.55 billion units worth RM3.11 bil. – July 26, 2024

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