Persistent downward momentum drags Bursa to end lower

BURSA Malaysia ended lower today as investors continue to recalibrate their investments on rising economic concerns. 

At the close, main index FBM KLCI eased by 4.6 points to 1,647.89 compared with Friday’s close of 1,652.49.

The index had opened 3.64 points lower at 1,648.85 and moved between 1,641.92 to 1,657.87 throughout the day. 

The overall market breadth was negative as losers overtook gainers 728 to 426, while 434 counters were unchanged, 551 untraded and 19 others suspended.

Volume stood at 8.08 billion units worth RM3.66 bil.

Throughout the day, the downtrend had mainly affected the lower liners, especially those on the ACE market which continued to track regional and global equities’ performance. – Dec 21, 2020

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