KLCI stays range-bound, market breadth negative

TheStar Tue, Mar 02, 2021 05:16pm - 3 years View Original


KUALA LUMPUR: Share prices on Bursa Malaysia traded range-bound on Tuesday, with buying interest interspersed with profit-taking.

At 5pm, the 30-stock index closed 2.73 point higher at 1,569.87 after hitting an intra-day high of 1,583.43. The local bourse opened 4.89 points higher at 1,572.03 this morning.

Market breadth was negative with losers thumping gainers 677 to 485, while 466 counters were unchanged. Turnover stood at 12.72 million shares valued at RM6.36bil.

Dealers said investors are in a wait-and-see approach in anticipation of Bank Negara’s overnight policy rate (OPR) decision.

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