Bursa Malaysia slips on profit-taking, in sync with regional markets

BURSA Malaysia ended lower on the first trading day of the week on profit-taking in most index-related counters following the recent rally and in tandem with the downbeat performance in regional markets.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slid 14.48 points, or 0.89%, to 1,622.07 from Friday’s close of 1,636.55.

The market bellwether opened 0.57 of-a-point higher at 1,637.12, its day’s high, and continued to slide to an intraday low of 1,616.74 before the midday break. – July 22, 2024

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