BURSA Malaysia ended lower today as profit-taking persisted following the recent strong rally, with key regional indices also trending downwards, influenced by negative cues from Wall Street overnight.

At the close, the FTSE Bursa Malaysia KLCI (KLCI) slid 7.45 points or 0.45% to 1,635.32 from yesterday’s (Aug 20) close of 1,642.77.

The benchmark index opened 1.05 points lower at 1,641.72 and moved between 1,633.64 to 1,646.38 throughout the trading session.

On the broader market, losers beat gainers 573 to 508, with 502 counters unchanged, 897 untraded, and seven others suspended.

Turnover dwindled to 3.27 billion units valued at RM2.90 bil from 4.19 billion units worth RM4.55 bil on Tuesday. - Aug 21, 2024

https://focusmalaysia.my/bursa-malaysia-slips-on-profit-taking-tracking-regional-peers/