FBM KLCI ends on softer note as interest shifts to small caps

BURSA Malaysia’s barometer index ended in negative territory as investors shifted focus on small-cap stocks.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell by 3.49 points to 1,614.37 compared to Friday’s close of 1,617.86, weighed by losses in Press Metal and YTL Corporation.

The barometer index opened 1.38 points higher at 1,619.24, marking its intraday high and hit a low of 1,613.01 in the mid-afternoon session.

Market breadth was positive, with gainers surpassing decliners 628 by 531, with 470 counters unchanged, 769 untraded, and 19 others suspended.

Turnover rose to 5.96 billion units worth RM3.30 bil from Friday’s 5.73 billion units worth RM4.05 bil. – June 10, 2024

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