Bursa Malaysia pared most of its earlier losses to close marginally lower by 0.08% on Thursday (March 23), weighed by financial services stocks amid weak market sentiment.
Banking counters Public Bank Bhd declined five sen to RM3.95 a share, and Malayan Banking Bhd (Maybank) shed six sen to RM8.49. Both counters contributed 2.81 points to the key index’s fall at the close on Thursday.
At 5pm, the benchmark FBM KLCI had fallen 1.06 points to 1,410.98, which was the day’s high, from Wednesday’s close at 1,412.04.
The market bellwether opened 5.07 points easier at 1,406.97, and hit an intraday low of 1,403.55.