Christmas’ long weekend ends Bursa on a lower note

Christmas’ long weekend ends Bursa on a lower note

BURSA Malaysia welcomed Christmas eve on a weak note, with the key index bucking the regional trend due to profit-taking ahead of the long weekend and amid cautious market sentiments.

The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) shed 6.33 points to finish the day at 1,641.17 after moving between 1,636.98 and 1,649.71 throughout the session.

The overall market breadth skewed towards negative with losers outnumbering gainers 587 to 514, while 764 counters were unchanged, 283 untraded and 38 others suspended.

Total volume increased marginally to 6.73 billion units worth RM2.84 bil from 6.35 billion units worth RM3.42 bil on Wednesday.

The local market will be closed tomorrow for Christmas and trading will resume on Dec 28, 2020. – Dec 24, 2020