Bursa ends week sharply lower amid regional sell-off
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 18.78 points, or 1.10%, to 1,686.74 from Thursday’s close of 1,705.52.
KUALA LUMPUR:Bursa Malaysia ended the week sharply lower on Friday, tracking a regional sell-off as persistently high crude oil prices weighed on sentiment, an analyst said.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 18.78 points, or 1.10%, to 1,686.74 from Thursday’s close of 1,705.52.
The benchmark index opened 10.23 points lower at 1,705.29 and moved between 1,682.56 and 1,705.69 throughout the trading session.
Market breadth was also negative, with decliners outnumbering gainers 809 to 427. A total of 474 counters were unchanged, 1,121 untraded and 32 suspended.
Turnover narrowed to 3.57 billion units worth RM3.28 billion from 3.98 billion units valued at RM3.14 billion on Thursday.
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