KUALA LUMPUR, Aug 6 (Bernama) -- Bursa Malaysia closed lower as investors took profits following the recent rebound, with telecommunications and industrial stocks leading the decline, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 11.02 points to 1,737.15, compared with Wednesday's close of 1,748.17. The benchmark index opened 1.48 points higher at 1,749.65, its intraday high, and hit a low of 1,733.38 in the afternoon session. On the broader market, decliners led advancers 575 to 567, while 573 counters were unchanged, 1,028 untraded and 13 suspended. Turnover slipped to 3.24 billion units valued at RM2.90 billion from 3.89 billion units valued at RM3.80 billion on Wednesday.
KUALA LUMPUR, Aug 5 (Bernama) -- Bursa Malaysia continued its upbeat trend to close higher on Wednesday, buoyed by improving sentiment amid optimism over easing West Asia conflict, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 15.51 points to 1,748.17, compared with Tuesday’s close of 1,732.66. The benchmark index opened 3.70 points higher at 1,736.36, and fluctuated between 1,732.68 and 1,750.41 throughout the day. The broader market was also positive with advancers outpacing decliners 690 to 487, while 587 counters were unchanged, 968 untraded and 12 suspended. Turnover expanded to 3.89 billion units valued at RM3.80 billion from 2.80 billion units valued at RM2.81 billion on Tuesday.