FBM KLCI closes in red, defies regional gains

BURSA Malaysia bucked a mainly positive regional trend at the close on Thursday, dipping slightly into the red and erasing earlier gains on late selling in selected counters, led by financial stocks.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) erased 1.49 points, or 0.09%, to 1,638.31 from yesterday’s (Sept 11) close of 1,639.80. The FBM KLCI had opened 4.24 points firmer at 1,644.04 and moved between 1,637.91 and 1,649.87 throughout the day.

Gainers led decliners in the broader market 669 to 353, while 442 counters were unchanged, 1,002 untraded and 26 suspended.

Turnover fell to 2.61 billion units worth RM2.94 bil from yesterday’s 2.96 billion units worth RM3.33 bil. – Sept 12, 2024

 

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