Bursa Malaysia retreated from yesterday’s gains to close lower Tuesday despite the upbeat regional market performance ahead of the release of the US consumer price index (CPI) data later today.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 6.16 points, or 0.44 per cent, to 1,380.61 from 1,386.77 at yesterday’s close.
The key index opened 0.92 of-a-point firmer at 1,387.69 this morning and moved between 1,378.15 and 1,387.79 throughout the session.
The market breadth was negative as decliners led gainers 466 to 434, while 421 counters were unchanged, 923 untraded, and 12 others suspended.
Turnover increased marginally to 3.08 billion units worth RM1.97 bil versus 3.01 billion units worth RM1.72 bil on Monday. – June 13, 2023
