Bursa Closes Easier On Mild Profit Taking

Bursa Malaysia closed marginally lower due to mild profit-taking following last Friday’s rally, said an analyst.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 1.04 points to 1,457.99 from last Friday’s closing of 1,459.03.

The barometer index opened 2.07 points lower at 1,456.96 and moved between 1,452.86 and 1,458.46 throughout the day.

The broader market was weaker with losers outpacing gainers 498 to 468, while 396 counters were unchanged, 1,011 untraded and 23 others suspended.

Turnover decreased to 3.38 billion units worth RM2.12 billion from 4.02 billion units worth RM4.31 billion last Friday.

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