Bursa Ends Lower On Profit-Taking

Bursa Malaysia ended lower on Tuesday (Jan 16) on profit-taking in tandem with its regional peers, a retracement after closing above the 1,500 psychological barrier on Tuesday, a dealer said.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 7.24 points to 1,493.87 from Monday’s close of 1,501.11.

The KLCI opened 0.72 of a point easier at 1,500.39 and moved between 1,492.40 and 1,503.73 during the trading session.

On the broader market, decliners thumped gainers 775 to 324, while 406 counters were unchanged, 712 untraded and 19 others suspended

Turnover increased to 5.84 billion units worth RM3.59 billion from 4.98 billion units worth RM3.13 billion on Monday, Bernama reported.

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