Cautious sentiment causes Bursa Malaysia to close lower

BURSA Malaysia closed lower today amid mixed regional peers performance as cautious market sentiment weighed on investors’ risk appetite, dealers said.

The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) fell 16.38 points or 1.02% to 1,591.97 after moving between 1,586.25 and 1,610.78 throughout the session.

On the broader market, losers thumped gainers 965 to 287, while 386 counters were unchanged, 444 untraded and 13 others suspended.

Total volume increased to 7.73 billion units worth RM4.41 bil from 6.27 billion units worth RM4 bil on Tuesday. – Jan 6, 2021

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