BURSA Malaysia gave up earlier gains to close marginally lower today despite the improvement in regional markets as investors continued to take profit in the local bourse, said an analyst.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) dipped 1.13 points, or 0.07%, to 1,618.27 from last Friday’s close of 1,619.40.
The benchmark index, which opened 1.27 points higher at 1,620.67, fluctuated between 1,617.98 and 1,622.40 throughout the trading session.
On the broader market, decliners outnumbered gainers 682 to 530, with 486 counters unchanged, 709 untraded and 25 suspended.
Turnover increased to 5.64 billion units worth RM3.92 bil from last Friday’s 5.61 billion units worth RM4.58 bil. – May 27, 2024
