Bursa Malaysia extends losses to close lower

TheStar Wed, Mar 20, 2024 05:21pm - 1 month View Original


KUALA LUMPUR: Share prices on Bursa Malaysia closed lower on Wednesday on lack of follow-through support with profit-taking seen in selected counters.

The bellwether FBM KLCI closed down 9.17 points, or 0.59% at 1,535.79. The market traded within a range of 10.23 points between an intra-day high of 1,546.00 and a low of 1,535.77 during the session.

Winners and losers were balanced, with 509 gainers against 509 losers and 485 that were flat. About 3.81 billion shares, valued at RM2.65bil, changed hands.

Dealers said there was profit-taking in selected index-linked counters and a lack of follow-through buying today.

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