KUALA LUMPUR, Jan 6 (Bernama) -- Bursa Malaysia’s benchmark index closed lower today, mirroring the weak regional performance as major markets worldwide experienced mostly negative trends. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined 3.99 points or 0.24 per cent to 1,625.47 compared with Friday’s close of 1,629.46. The index opened 0.28 of-a-point higher at 1,629.74 and moved between 1,623.64 and 1,631.71 throughout the day. Market breadth was negative with losers outpacing gainers 575 to 505, while 489 counters remained unchanged, 784 untraded and 10 others suspended. Turnover rose to 3.47 billion units valued at RM2.66 billion against Friday’s 3.70 billion units valued at RM2.87 billion. UOB Kay Hian Wealth Advisors head of investment research Mohd Sedek Jantan said market sentiment was further dampened by concerns over China’s slowing economy, the outlook for US intere...
KUALA LUMPUR (Oct 31): Bursa Malaysia finished broadly higher after two consecutive days of losses, tracking regional market peers amid the improved performance of global equities, an analyst said. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 13.07 points to 1,460.38 from Friday's close of 1,447.31. The key index, which opened 3.63 points higher at 1,450.94, moved between 1,450.94 and 1,468.41 throughout the day. The broader market was also positive with gainers trouncing losers 450 to 365, while 410 counters were unchanged, 1,137 untraded, and 66 others suspended. Turnover increased to 2.89 billion units valued at RM1.94 billion versus 2.38 billion units valued at RM1.65 billion on Friday. Rakuten Trade Sdn Bhd vice president of equity research Thong Pak Leng said the FBM KLCI trended sharply higher with buying interest mainly in plantation, oil and gas, banking as well as telecommunications heavyweights. He said that regionally, key indices closed mostly hig...