Bursa Ends Broadly Lower, Selling Led By Index-Linked Counters

Bursa Malaysia ended broadly lower on Wednesday (Aug 23), with the key index dipping by 0.79% amid brisk selling activities in index-linked stocks led by Petronas Chemicals Group Bhd and Public Bank Bhd.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped 11.42 points to 1,440.11 from 1,451.53 at Tuesday’s (Aug 22) close.

The barometer index opened 0.1 of a point better at 1,451.63, and moved between 1,439.13 and 1,451.72 throughout the trading day.

On the broader market, losers beat gainers 466 to 379 while 489 counters were unchanged, 1,018 untraded and 12 others suspended.

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