Bursa Malaysia Closes Lower On Profit-Taking

Bursa Malaysia closed lower, but the key index remained above the 1,600 psychological level. The decline was primarily due to profit-taking activities, said an analyst.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) was lower by 6.87 points, or 0.43%, to 1,608.53 from yesterday’s (June 4) close of 1,615.40 .

On the broader market, there were 548 rising stocks, 599 falling stocks, 680 stocks remained flat, and 525 stocks went untraded.

The benchmark index, which opened 0.59 of-a-point lower at 1,614.81, fluctuated between 1,608.53 and 1,622.65 throughout the trading session.

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