Bursa Malaysia Closes Flat, Key Index Down For Third Consecutive Day

BURSA Malaysia closed flat today, with the cautious investor sentiment pushing the key benchmark index down for a third straight day. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased by 0.04%, or half a point to 1,425.18 from Wednesday’s (May 10) close of 1,425.68.

The barometer index opened at 1,425.58 and moved between 1,424.82 and 1,428.78 throughout the session. The market breadth was negative with decliners surpassing gainers 467 to 310, while 465 counters were unchanged, 991 untraded and 17 others suspended.

Turnover increased to 3.39 billion units valued at RM1.62 bil from 2.78 billion units valued at RM1.65 bil on Wednesday. — May 11, 2023

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