BURSA MALAYSIA snapped a five-day rally to close lower on Friday on profit-taking and in line with weaker global markets as renewed military developments between the United States and Iran hurt risk appetite, said an analyst.
At 5 pm, the FBM KLCI fell 10.79 points, or 0.61 per cent, to its intraday low of 1,748.06 from Thursday’s close of 1,758.85.
The benchmark index, which opened 0.78 of-a-point lower at 1,758.07, moved to its intraday high of 1,760.19 in early trade before succumbing to selling pressure in late trading.
Market breadth was negative with losers beating gainers 708 to 451. A total of 586 counters were unchanged, 907 untraded, and nine suspended.
Turnover eased to 3.31 bil units worth RM3.00 bil compared with 3.78 bil units worth RM4.24 bil yesterday. —May 8, 2026
