Bursa ends lower as investors book profits FMTNews FMTBusiness
KUALA LUMPUR: Bursa Malaysia’s main index ended at its intraday low today amid mounting caution ahead of the US debt ceiling bill vote.
Other sectors such as healthcare, technology, plantation, and industrial products and services were also in the red during this results season. Meanwhile, Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng said the FTSE Bursa Malaysia KLCI is severely oversold. The broader market remained negative with decliners beating advancers 466 to 358, while 431 counters were unchanged, 1,009 untraded and 60 others suspended.
On the index board, the FBM Emas Index went down 45.94 points to 10,279.11, the FBMT 100 Index was 48.71 points weaker at 9,982.90 and the FBM Emas Shariah Index declined 55.66 points to 10,654.41. The Main Market volume improved to 1.61 billion units valued at RM1.79 billion from 1.53 billion units valued at RM1.45 billion yesterday.
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