FBM KLCI ends lower on profit-taking, broader market positive

bursa

THE FTSE Bursa Malaysia KLCI (FBM KLCI) ended the week slightly lower, pulling back from recent gains as profit-taking dominated amid heightened investor caution.

At 5pm, the benchmark index lost 2.39 points or 0.14 per cent to 1,613.25 from Thursday’s close of 1,615.64.

The index opened 0.21 of-a-point higher at 1,615.85 and moved between 1,611.25 and 1,617.57 throughout the day.

However, market breadth was positive as gainers led losers 574 to 465, while 524 counters were unchanged, 913 untraded and 12 suspended.

Turnover narrowed to 3.18 billion units valued at RM2.82 bil versus 3.24 billion units valued at RM2.74 bil on Thursday. – Dec 6, 2024

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