Bursa Malaysia falls on profit-taking, cautious sentiment

BURSA Malaysia closed lower today (Aug 22) as investors continued to take profit amid mixed performance in regional bourses, with the sentiment remaining cautious due to regional and global uncertainties.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined 17.07 points, or 1.13%, to end at 1,487.37 compared with Friday’s close of 1,504.44.

The benchmark index, which opened 2.83 points weaker at 1,501.61 this morning, moved between 1,486.37 and 1,502.07 throughout the day.

On the broader market, decliners led gainers 670 to 219, while 377 counters were unchanged, 1,062 untraded, and 17 others suspended.

Total turnover advanced to 2.18 billion units worth RM1.56 bil from 2.11 billion units worth RM1.53 bil on last Friday. – Aug 22, 2022

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