Bursa Closes In Negative Territory On Weak Sentiment

Bursa Malaysia closed in negative territory in tandem with the weak regional performance on Tuesday (April 18), with key regional indices ending mostly lower as investors were cautious ahead of the earnings season, an analyst said.

At 5pm, the FBM KLCI was 0.18% or 2.54 points easier at 1,432.36, from Monday’s close at 1,434.90.

The benchmark index opened 0.57 of a point higher at 1,435.47, and moved between 1,429.59 and 1,435.47 throughout the day.

Market breadth was broadly negative, as decliners outpaced gainers 527 to 330, while 390 counters were unchanged, 1,033 untraded, and 12 others suspended.

Turnover narrowed to 3.17 billion units worth RM1.85 billion, from 3.25 billion units valued at RM1.89 billion on Monday.

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