Bursa Malaysia pares earlier losses to end mixed

Bursa Malaysia ended mixed today as profit-taking earlier in the day tapered off as bargain hunting sets in while the market awaits fresh catalysts, dealers said.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) erased 2.47 points to 1,435.65 from Monday’s closing of 1,438.12.

The index opened 0.16 of-a-point better at 1,438.28 and moved between 1,430.15 and 1,440.28 throughout the day.

However, on the broader market, gainers surpassed decliners 510 to 348, while 452 counters were unchanged, 1,058 untraded and 13 suspended.

Turnover decreased to 2.93 billion units worth RM1.94 bil from 3.38 billion units worth RM2.0 bil on Monday. – Oct 24, 2023

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