BURSA Malaysia closed lower today in sync with regional bourses, as risk appetites were affected by the United States (US) inflation data amidst the ongoing corporate earnings season.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 5.35 points to 1,492.33 from Tuesday’s close of 1,497.68, weighed down by selling in selected index-linked counters, led by Hartalega.
The benchmark index, which opened 1.96 points easier at 1,495.72, remained in negative territory throughout the day, moving in a tight range between 1,490.22 and 1,496.25.
The broader market was negative as losers beat gainers 601 to 242, while 395 counters were unchanged, 1,047 untraded and eight others suspended.
Total turnover decreased to 2.17 billion units worth RM1.68 bil from 2.52 billion units worth RM1.26 bil yesterday. — Aug 10, 2022
