Bursa Malaysia extends losses to end lower

BURSA Malaysia extended yesterday’s losses to end lower, weighed down by selling in selected heavyweights, led by the financial services sector, said a dealer.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) eased 1.06 points to end at its intraday high of 1,498.39 from Wednesday’s closing of 1,499.45.

The market bellwether opened 2.04 points lower at 1,497.41 and hit a low of 1,494.03 during the mid-morning session.

However, on the broader market, gainers outpaced losers 565 to 359, while 431 counters were unchanged, 875 untraded and 37 others suspended

Turnover rose to 3.75 billion units worth RM2.03 bil against Wednesday’s 2.83 billion units worth RM1.68 bil. – Jan 26, 2023

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