FBM KLCI down on continued profit taking

CONTINUED profit taking activities amid political jitters and vaccine supply concerns saw Bursa Malaysia trading in negative territory throughout the day.

 

Investors continued to offload their holdings ahead of the weekend after the domestic market hit a record high yesterday.

 

At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) declined 6.41 points to 1,621.85, dragged down mainly by the health sector as well as finance, which has turned lower at the close.  

 

The index opened 0.35 of-a-point lower at 1,627.91 from Thursday’s close of 1,628.26. It moved between 1,628.82 and 1,618.54 throughout the day.

 

On the broader market, losers outnumbered gainers 731 to 580, while 429 counters were unchanged, 393 untraded and 30 others suspended.

 

Volume climbed to 14.22 billion shares worth RM6.75 bil from 12.37 billion units worth RM6.17 bil yesterday. – Dec 4, 2020

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