Profit taking drags Bursa Malaysia to end marginally lower

BURSA Malaysia retreated from yesterday’s gains to end marginally lower today, dragged by profit-taking, particularly in large-cap stocks, a dealer said.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined 3.78 points to 1,429.61 from yesterday’s closing of 1,433.39.

The barometer index opened 1.15 points lower at 1,432.24 and moved between 1,426.63 and 1,432.83 throughout the day.

Market breadth was negative as decliners beat gainers 439 to 417 while 402 counters were unchanged, 967 untraded and 30 others suspended. – April 4, 2023

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