5 days ago
Bursa Ends Lower As Blue Chips Dip; FBM70 Bucks Trend
Bursa Malaysia closed lower on Thursday, weighed down by losses in heavyweights, although the broader market saw some resilience, with the FBM70 index posting gains.
The benchmark FBM KLCI shed 4.50 points or 0.30% to close at 1,518.98, after moving between 1,518.38 and 1,526.94 throughout the day.
Meanwhile, the FBM 70 advanced 25.66 points or 0.16% to 16,332.31, lifted by gains in mid-cap counters. The FBM Emas Index slipped 14.84 points to 11,382.33, while the FBM ACE Index and FBM Shariah Index eased 1.32 points and 9.68 points to close at 917.12 and 11,365.83, respectively.
Market sentiment remained cautious ahead of macroeconomic updates, with investors also keeping an eye on global developments.
On the actively traded list, Permaju led volumes with over 1.6 billion shares exchanged, ending the day down 0.5 sen to 1 sen. Natgate followed with over 1.2 billion shares, falling 14 sen to RM1.44.
Velesto rose 1 sen to 18.5 sen on volume of 600.4 million shares, while Nexg added 1 sen to 37.5 sen. MYEG ended flat at 89 sen, with 373.6 million shares traded.
Investors are expected to remain on a wait-and-see mode amid mixed regional cues and the upcoming release of US economic data. Related
