FBM KLCI ends marginally lower amid downbeat market tone

BURSA Malaysia ended a choppy session slightly lower as the rally in banking stocks helped to offset losses in the barometer index, amid the downbeat performance in regional peers.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) lost 1.30 points to 1,455.50 from Friday’s closing of 1,456.80.

The index opened 0.76 of-a-point lower at 1,456.04 and moved in a tight range between 1,447.55 and 1,458.18.

Market breadth remained negative with decliners leading advancers 532 to 338, while 425 counters were unchanged, 946 untraded and 70 others suspended.

Turnover decreased to 3.09 billion units worth RM2.19 bil from Friday’s 3.43 billion units worth RM2.58 bil. – Feb 27, 2023

 

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