SHARES on Bursa Malaysia ended the week on a lower note as they continued to face selling pressure, tracking losses in regional peers driven by weak global equity markets performance overnight, said an analyst.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 0.54% or 8.68 points to its intraday low of 1,591.41 from Thursday’s close of 1,600.09.
The benchmark index opened 0.32 of-a-point higher at 1,600.41 and thereafter moved to its intraday high of 1,606.28 before trending downwards to 1,591.41 in late trading.
The broader market was also negative with decliners beating gainers 541 to 464 while 498 counters were unchanged, 970 untraded and 58 suspended.
Turnover expanded to 3.38 billion units valued at RM3.76 bil versus 3.20 billion units worth RM3.03 bil on Thursday. – Dec 20, 2024
