BURSA Malaysia snapped its six-day winning streak to close lower today on profit-taking activities in commodity-related and gaming stocks following the recent rally, said an analyst.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 2.23 points to 1,569.25 from Wednesday’s (April 24) close of 1,571.48.
The benchmark index, which opened 1.81 points better at 1,573.29, moved between 1,569.03 and 1,574.45 throughout the trading session.
On the broader market, decliners beat gainers 581 to 443 while 535 counters were unchanged, 807 untraded and 22 others suspended.
Turnover declined to 3.96 billion units worth RM2.83 bil from 4.25 billion units worth RM3.03 bil on Wednesday. – April 25, 2024
