BURSA Malaysia erased early gains to end lower today as profit-taking emerged following recent gains. At 5 pm, the FBM KLCI dipped 5.44 points, or 0.31 per cent, to 1,742.82 from yesterday’s close of 1,748.26.
The market bellwether opened 1.84 points lower at 1,746.42, and subsequently hit an intraday high of 1,751.22 in early trade before slipping to its day’s low of 1,740.49 during the mid-afternoon session.
In the broader market, losers outpaced gainers 602 to 462, with 558 counters unchanged, 1,013 counters untraded and six suspended.
Turnover declined to 2.59 bil shares valued at RM2.86 bil from yesterday’s 3.25 bil shares valued at RM3.34 bil. —Feb 4, 2025
