Bursa ends lower as selling in oil-related counters weighs
At 5pm, the FBM KLCI slid 6.90 points, or 0.40%, to 1,734.71 compared with Wednesday’s close of 1,741.61.
Bursa Malaysia closed lower on Thursday, as selling pressure in oil-related counters impacted the benchmark index following a previous rally, according to an analyst cited by Free Malaysia Today. The FTSE Bursa Malaysia KLCI ended the day at 1,734.71, down 6.90 points, or 0.40%, from Wednesday's close of 1,741.61. Throughout the day, the index fluctuated between 1,732.83 and 1,742.79.
The broader market saw more losers than gainers, with 703 counters closing lower and 410 gaining value, while 603 remained unchanged. The trading volume decreased to 3.51 billion units valued at RM3.05 billion from the previous day's 3.70 billion units valued at RM3.27 billion.
Brief written by urgent.news from Free Malaysia Today's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Bursa ends lower as selling in oil-related counters weighs freemalaysiatoday.com
