KUALA LUMPUR: Bursa Malaysia drifted lower on Wednesday, snapping a three-day winning streak, taking cues from the negative developments on Wall Street overnight, said an analyst.
At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) shed 10.98 points, or 0.70 per cent, to 1,537.01 from Tuesday’s close of 1,547.99.
The benchmark index opened 0.70 of-a-point easier at 1,547.29 and moved between 1,537.01 and 1,548.42 throughout the trading session.
On the broader market, decliners beat gainers 593 to 480, with 487 counters unchanged, 734 untraded, and 13 others suspended.
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