Bursa Dips At The Close On Profit-Taking

Bursa Malaysia closed slightly lower on Thursday (Aug 10) due to profit-taking activities following Wednesday’s rally, with some investors keeping to the sidelines awaiting fresh catalysts.

At 5pm, the FBM KLCI had eased 3.1 points to 1,458.93, from 1,462.03 at Wednesday’s close. The barometer index opened 1.67 points lower at 1,460.36, and moved between 1,453.37 and 1,460.70 throughout the day.

On the broader market, decliners outpaced gainers 464 to 358, while 450 counters were unchanged, 1,015 untraded, and 12 others suspended. Turnover decreased to 2.92 billion units worth RM1.83 billion, from 3.17 billion units worth RM2.19 billion on Wednesday.

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