Bursa Malaysia in consolidation mode, CI ends marginally lower

BURSA Malaysia ended the week marginally lower in tandem with the negative performance of key regional indices on continued profit-taking as the market remains in consolidation mode, an analyst said.

At 5 pm, the FBM KLCI eased 1.27 points, or 0.08 per cent, to 1,571.75 from Thursday’s close of 1,573.02.

The benchmark index opened 2.58 points higher at 1,575.60 and rose to a high of 1,580.06 in early trade before falling to a low of 1,568.70 during the afternoon session.

In the broader market, losers trounced gainers 613 to 380, while 481 counters were unchanged, 922 untraded and eight suspended. —May 16, 2025

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