Bursa Malaysia ends weaker as regional peers slows down

BURSA Malaysia ended the day on a weaker note, in line with its underperforming regional peers.

Inter-Pacific Securities Sdn Bhd head of research Victor Wan said the lingering political uncertainties, coupled with a lack of fresh catalysts had caused the market sentiment to remain tepid across the board.

The market barometer opened 1.81 points easier at 1,521.44 and moved between 1,512.96 and 1,524.03 throughout the day.

Market breadth was negative with losers leading gainers 593 to 431, while 446 counters were unchanged, 657 untraded and 24 others suspended.

Total volume shrank to 6.29 billion units worth RM4.74 bil compared with 7.03 billion units worth RM6.25 bil on Wednesday.

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