KUALA LUMPUR, March 28 (Bernama) -- Bursa Malaysia closed lower today on profit-taking after a strong three-day rally, and investor sentiment was further shaken in the late afternoon session following news of an earthquake in Myanmar with tremors felt in neighbouring Thailand, said Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) slid 1.44 per cent or 22.08 points to 1,513.65, its intraday low, from Thursday’s close of 1,535.73. The benchmark index opened 4.16 points lower at 1,531.57 and hit an intraday high of 1,533.52 during the midday session. On the broader market, decliners outpaced gainers 563 to 395, while 408 counters were unchanged, 1,106 untraded, and 133 suspended. Turnover slipped to 2.25 billion units valued at RM2.13 billion from 2.52 billion units worth RM2.41 billion on Thursday.
KUALA LUMPUR (Feb 29): Bursa Malaysia’s benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) ended higher on Thursday in tandem with the upbeat performance in most regional markets and ahead of the US personal consumption expenditure (PCE) data due out later in the night. At 5pm, the KLCI added 5.85 points to close at 1,551.44 from Wednesday’s close of 1,545.59. The benchmark index opened 2.03 points better at 1,547.62 and moved between 1,544.67 and 1,554.79 throughout the session. However, in the broader market, losers outpaced gainers 679 to 370, while 431 counters were unchanged, 810 untraded and 43 others suspended. Turnover expanded to 5.34 billion units worth RM7.01 billion versus Wednesday's 4.78 billion units worth RM3.3 billion. Head of wealth research & advisory, designated portfolio manager at UOB Kay Hian Wealth Advisors, Mohd Sedek Jantan said Malaysian equities experienced a surge, mirroring the positive trend in most regional stock markets. "Although th...