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Market Daily Report: Bursa Malaysia Pulls Back After Recent Rally

KUALA LUMPUR, Nov 7 (Bernama) -- Bursa Malaysia staged a modest pullback to end lower today, driven by profit-taking after a four-day rally, amid the mostly higher regional market performance, an analyst said. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) dropped 10.89 points, or 0.66 per cent, to close at 1,623.28 compared to Wednesday’s close of 1,634.17. The benchmark index opened 1.97 points higher at 1,636.14 and fluctuated between 1,622.75 and 1,639.55 throughout the day. Market breadth was negative, with decliners thumping advancers 641 to 466, while 507 counters were unchanged, 792 untraded, and 10 suspended. Turnover expanded to 3.77 billion units valued at RM3.41 billion versus 3.39 billion units valued at RM2.92 billion on Wednesday. UOB Kay Hian Wealth Advisors head of investment research Mohd Sedek Jantan said that despite the fall in the FBM KLCI today, it remains elevated compared to last week as pro
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Blessed Christmas and Happy Holidays



During last year's Christmas, my advice was for everyone to spend wisely and some tips to cut spending without missing the point of celebrating Christmas, which is to give. This year, the advice is still the same, spending wisely during the Christmas. As I was quite busy for the whole preparation, I will be blogging more on financial stuff after this Christmas. So, Blessed Christmas and Happy Holidays!
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