Bursa Malaysia snaps 6-day rally to close lower on Friday

BURSA Malaysia snapped a six-day rally to end lower today due to profit-taking activities.

At 5pm, the FBM KLCI slipped by 0.92 of-a-point to 1,450.35 from 1,451.27 at yesterday’s (July 27) close.

The market bellwether opened 3.06 points lower at 1,448.21 this morning and moved between 1,446.46 and 1,454.24 throughout the day.

The broader market was negative as decliners trounced advancers 474 to 415, while 426 counters were unchanged, 990 untraded and 71 others suspended.

Turnover stood at 3.03 billion units worth RM1.93 bil. – July 28, 2023

 

Main photo credit: The Malaysian Reserve

Subscribe and get top news delivered to your Inbox everyday for FREE