KUALA LUMPUR, Jan 28 (Bernama) -- Bursa Malaysia snapped its five-day winning streak to close lower on Wednesday, as investors took profit following a cumulative gain of 4.25 per cent over the past five sessions, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 14.76 points or 0.83 per cent to 1,756.49 from Tuesday’s close of 1,771.25. The market bellwether opened 1.46 points lower at 1,769.79, marking the day’s high, and hit a low of 1,750.05 during the mid-afternoon session. Market breadth was negative with losers trouncing gainers 876 to 384, while 525 counters were unchanged, 964 untraded and 94 suspended. Turnover improved to 3.65 billion units worth RM4.41 billion from Tuesday's 3.58 billion units worth RM4.46 billion.
The FBM KLCI index lost 3.99 points or 0.24% on Monday. The Finance Index fell 0.24% to 14253.87 points, the Properties Index up 0.07% to 1136.91 points and the Plantation Index down 0.18% to 7704.28 points. The market traded within a range of 6.44 points between an intra-day high of 1631.41 and a low of 1624.97 during the session.
Actively traded stocks include HIBISCS, GADANG-WB, HSI-H63, REACH-WA, APFT, RGB, TRIVE, ASIABIO, AIRASIA and KNM. Trading volume decreased to 1139.64 mil shares worth RM1352.42 mil as compared to Friday’s 1284.49 mil shares worth RM1455.25 mil.
Leading Movers were BAT (+84 sen to RM45.30), HAPSENG (+13 sen to RM7.95), HLBANK (+10 sen to RM13.42), AXIATA (+3 sen to RM4.28) and MAXIS (+4 sen to RM6.00). Lagging Movers were GENM (-10 sen to RM4.60), PPB (-34 sen to RM15.66), GENTING (-15 sen to RM7.91), MISC (-7 sen to RM7.18) and CIMB (-4 sen to RM4.63). Market breadth was negative with 297 gainers as compared to 440 losers.
The KLCI was down and closed at 1624.97 points amid overnight mixed performance in US. Market sentiment remained subdued as ringgit continues to slide.

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