BURSA Malaysia finished 1.24% lower today, mirroring the heavy selling pressure that prevailed throughout the region amid concerns over the US Federal Reserve’s delayed monetary policy easing.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) lost 20.55 points to 1,639.80 from yesterday’s (Sept 10) close of 1,660.35.

The benchmark index, which opened 6.78 points weaker at 1,653.57, moved between 1,638.90 and 1,654.38 throughout the day.

Market breadth was negative with losers outpacing gainers 825 to 283, while 432 counters were unchanged, 926 untraded and six suspended.

Turnover fell to 2.96 billion units worth RM3.33 bil from 3.05 billion units worth RM3.78 bil on Tuesday. - Sept 11, 2024

https://focusmalaysia.my/bursa-malaysia-ends-1-24-lower-on-wednesday/