Bursa rides on regional trend to end lower

Bursa Malaysia bucked the regional trend to end lower on Friday (Aug 5) on persistent profit-taking in most heavyweights led by Malayan Banking Bhd (Maybank), Public Bank Bhd and Petronas Chemicals Group Bhd.

Maybank lost one sen to RM8.89, Public Bank slid two sen to RM4.63 and Petronas Chemicals shed six sen to RM8.80.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 6.16 points to 1,501.55 from 1,507.71 on Thursday, managing to stay just a whisker above the psychological 1,500-point level.

Bernama cited the benchmark index opened 2.64 points weaker at 1,505.07 and fluctuated between 1,497.77 and 1,505.53 throughout the trading session.

Market breadth was mixed with 399 losers against 376 gainers, while 452 counters were unchanged, 1,020 untraded, and nine others suspended.

Total turnover declined slightly to 2.61 billion units worth RM1.62 billion from 2.65 billion units worth RM1.89 billion on Thursday. 

Previous articleACCCIM Gives Thumbs Up Towards Ratifying CPTPP
Next articleRHB TWP24 Paves For Long Term Prosperity


Please enter your comment!
Please enter your name here