KUALA LUMPUR, Jan 23 — Bursa Malaysia ended lower today, dragged by losses in index-linked heavyweights like Maybank, Tenaga and Petronas Chemicals, in line with the bearish performance of regional markets. At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 3.54 points to 1,574.44 from...
The overall market breadth on Bursa Malaysia was negative with losers outpacing gainers 536 to 294, while 371 counters remained unchanged, 784 were untraded and 37 others were suspended. — Picture by Azneal Ishak
After opening 2.71 points weaker at 1,575.27, the market bellwether moved between 1,571.58 and 1,577.79 throughout the day. Elsewhere, Hong Kong’s Hang Seng Index declined 1.52 per cent to 27,909.12, Singapore’s Straits Times Index fell 0.58 per cent to 3,235.02 and South Korea’s KOSPI Composite Index was 0.93 per cent lower at 2,246.13.
“Support levels for the index are at 1,500, 1,515 and 1,551, while the resistance levels are at 1,580, 1,600 and 1,610,” he added. Main Market volume decreased to 1.14 billion shares worth RM1.48 billion from 1.87 billion shares worth RM2.28 billion yesterday.
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