Bursa Malaysia erases early gains to end lower

BURSA Malaysia gave up gains in the early session to close lower today, mirroring weak regional sentiment after negative cues from global equities overnight.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) shed 10.82 points to close at 1,600.68 from yesterday’s close of 1,611.50.

The benchmark index, which opened 3.39 points higher at 1,614.89, moved between 1,598.64 and 1,615.84 during the trading session.

The market breadth was negative with decliners leading gainers 586 to 419, while 543 counters were unchanged, 906 untraded and 21 suspended.

Turnover expanded to 3.14 billion units valued at RM2.69 bil versus 2.82 billion units worth RM2.22 bil yesterday. – Nov 14, 2024

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