KUALA LUMPUR, Dec 24 — Bursa Malaysia ended broadly lower on Christmas Eve on active selling activities in selected heavyweights led by TNB and Public Bank. At 5.00 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined 9.95 points or 0.62 per cent to close at...
The FBM KLCI declined 9.95 points or 0.62 per cent. — Reuters pic
The benchmark index, which opened 0.35 point lower at 1,613.83, moved between 1,602.1 and 1,613.87 throughout the trading session. “A pullback will be healthy for investors to digest their recent gains with the support pegged at the 1,595 level. Rotational play remained on the table as the lower liners looks to extend their winning streak. We believe that the positive sentiment may prolong till year-end in the absence of negative news,” it said in a note today.
The FBM Emas Index decreased 61.53 points to 11,368.25, the FBM Emas Shariah Index weakened 78.11 points to 11,991.29, and the FBMT 100 Index reduced 63.49 points to 11,169.39. Main Market volume decreased to 1.10 billion shares worth RM907.01 million from 1.39 billion shares worth RM1.36 billion on Monday.
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