KUALA LUMPUR, July 22 (Bernama) -- Bursa Malaysia closed lower on Wednesday as investors continued to take profit following the recent rally, while elevated crude oil prices and lingering geopolitical tensions in West Asia kept market sentiment cautious, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell nine points, or 0.52 per cent, to 1,711.37 from Tuesday’s close of 1,720.37. The index opened 0.53 of a point easier at 1,719.84, and moved between 1,709.15 and 1,721.31 throughout the day. On the broader market, decliners outnumbered advancers 590 to 450, while 596 counters were unchanged, 1,111 untraded, and 23 suspended. Turnover narrowed to 3.43 billion units valued at RM2.50 billion from 3.48 billion units valued at RM2.79 billion on Tuesday.
KUALA LUMPUR, July 21 (Bernama) -- Bursa Malaysia’s key index closed marginally lower on Tuesday, weighed down by continued profit-taking, although the positive market breadth indicated that selective buying interest remained intact. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 1.92 points, or 0.11 per cent, to close at 1,720.37 from Monday's close of 1,722.29. The index opened 3.33 points higher at 1,725.62, and moved between 1,712.66 and 1,726.88 throughout the day. On the broader market, advancers beat decliners 579 to 512, while 539 counters were unchanged, 1,105 untraded, and 12 suspended. Turnover increased to 3.48 billion units valued at RM2.79 billion from 3.27 billion units valued at RM2.21 billion on Monday.