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Market Daily Report: Bursa Malaysia Ends Lower Due To Late Selling, Tracking Regional Weakness

KUALA LUMPUR, March 19 (Bernama) -- Bursa Malaysia ended lower today due to late selling in selected heavyweights, particularly in the healthcare, utilities and financial services sectors and was also in sync with regional market weakness. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 9.10 points or 0.53 per cent to 1,720.71 from yesterday’s close of 1,729.81. The market bellwether opened 6.52 points lower at 1,723.29, and fluctuated between 1,719.93 and 1,737.12 throughout the day. Market breadth was negative with losers beating gainers 707 to 442. A total of 486 counters were unchanged, 1,131 untraded and 11 suspended. Turnover increased to 3.36 billion units worth RM4.96 billion from yesterday’s 3.33 billion units worth RM4.27 billion.
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Bursa Malaysia Slips as KLCI Falls 0.53%, Broader Market Weakens

Malaysia’s equity market closed lower on Thursday, with the  FBM KLCI declining 0.53% to 1,720.71 , as broader sentiment weakened amid global volatility and rising energy concerns. Broad-Based Weakness Across Indices Selling pressure was evident across market segments: FBM Mid 70 fell 0.80% FBM Small Cap dropped 0.79% FBM ACE declined 1.02% Despite the decline, the benchmark index remains  up 2.42% year-to-date , reflecting earlier resilience. Market breadth turned negative with  707 decliners versus 442 gainers , indicating  broad-based selling pressure . Trading Activity Picks Up Market activity showed increased participation: Total volume rose to 3.36 billion shares Total value climbed to RM4.96 billion This suggests  active repositioning by investors , likely in response to global macro developments. Ringgit Remains Stable Against Major Currencies The Malaysian ringgit showed relative stability: USD/MYR at 3.9365  (YTD +3.14%) SGD/MYR at 3.0691  (Y...