Late buying in banks helps Bursa end with modest loss

BURSA Malaysia pared most of its losses to close marginally lower today, supported by late buying in banks after heavy selling in CelcomDigi earlier, amid continued weak market sentiment due to the US trade policies.

At 5 pm, the FBM KLCI eased by 0.68 of-a-point to 1,591.60 compared to yesterday’s close of 1,592.28.

The market barometer opened 0.63 of-a-point higher at 1,592.91 and moved between an intraday low of 1,587.58 and an intra-day high of 1,595.01.

Losers outnumbered gainers 598 to 433, while 445 counters were unchanged, 843 untraded and 22 suspended.

Turnover expanded to 3.27 bil units worth RM2.40 bil from 2.56 bil units worth RM2.22 bil on Thursday. —Feb 14, 2025

Main image: New Straits Times

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