Weak market sentiment drags Bursa Malaysia lower

TheStar Fri, Mar 01, 2024 05:17pm - 1 month View Original


KUALA LUMPUR: Bursa Malaysia finished on a lower note on Friday as the overall market sentiment remained weak.

The market bellwether closed at 1,538.02, down 13.42 points, or 0.87%, taking its full-week drop to 0.71%. All sectoral indices closed lower apart from plantation and healthcare.

In the broader market, losers outnumbered gainers with 679 stocks ending lower and 396 stocks finishing higher. That gave a market breadth of 0.58 indicating the bears were in control.

Trading volume was brisk at 4.81 billion shares valued at RM3.08bil.

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