Profit-taking ends Bursa’s six-day winning streak

BURSA Malaysia snapped its six-day winning streak to close lower today as investors took profit on recent gains amid caution in regional markets, dealers said.

The FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 2.64 points to end at 1,512.75 from Monday’s close of 1,515.39.

The barometer index, which opened 2.36 points better at 1,517.75, moved between 1,511.84 and 1,520.31 throughout the day.

Decliners led advancers 622 to 383 on the broader market, while 459 counters were unchanged, 794 untraded and 73 others suspended.

Turnover dropped to 3.78 billion units valued at RM2.6 bil from 4.32 billion units worth RM2.98 bil on Monday. – Jan 30, 2024

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