KUALA LUMPUR, April 3 (Bernama) -- Bursa Malaysia closed marginally lower on Friday, as cautious sentiment persisted, with investors remaining on the sidelines amid ongoing conflicts in West Asia, said an analyst. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 2.80 points, or 0.16 per cent, to 1,695.50 from Thursday’s close of 1,698.30. The benchmark index opened 5.82 points higher at 1,704.12, and moved between 1,693.65 and 1,708.12 throughout the day. However, market breadth remained positive, with gainers outnumbering losers 634 to 415, while 521 counters were unchanged, 1,077 untraded and 10 suspended. Turnover improved to 3.38 billion units worth RM2.95 billion from yesterday’s 3.20 billion units worth RM3.50 billion.
KUALA LUMPUR (May 7): The FBM KLCI closed 13.63 points or 0.7% lower amid cautious sentiment ahead of Malaysia's 14th General Election (GE14) on Wednesday.
At 5pm, the KLCI settled at 1,828.2 points after trading between 1,821.79 and 1,842.56 points. Bursa Malaysia's small-cap index dropped 183.26 points or 1.26% to settle at 14,392.40 points.
“Everyone is looking and focusing at the GE14 outcome," Hong Leong Investment Bank Bhd head of retail research Loui Low told theedgemarkets.com.
Across Bursa Malaysia, 1.92 billion shares worth RM2.1 billion were traded. KLCI-linked Telekom Malaysia Bhd (TM) and Astro Malaysia Holdings Bhd were the KLCI's leading decliners in percentage terms.
TM shares closed 3.1% lower at RM5 while Astro fell 2.22% to RM1.76.
Source: The Edge

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