Bursa Ends Lower, US And Chinese PMI Data In Focus

Bursa Malaysia ended the last trading day of February with a paltry loss, after the key index swung between gains and losses, as investors seemed to trade cautiously ahead of the release of the purchasing managers indices in the US and China.

At 5pm on Tuesday (Feb 28), the benchmark FBM KLCI had fallen 1.31 points to 1,454.19, from Monday’s closing at 1,455.50. 

The index opened 0.99 of a point higher at 1,456.49, and moved between 1,452.43 and 1,458.97 throughout the day.

Market breadth was negative, with decliners thumping advancers 739 to 255, while 307 counters were unchanged, 946 untraded, and 55 others suspended.

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