Bursa Malaysia ends lower on cautious sentiment

TheStar Mon, Jan 16, 2023 05:22pm - 2 months View Original

KUALA LUMPUR: Bursa Malaysia ended lower on Monday as investor sentiments turned cautious ahead of the interest rate decision by Bank Negara this week.

The FBM KLCI closed down 1.47 points, or 0.1% at 1,493.56 after moving between 1,496.05 and 1,489.0.

Market breadth turned negative as losers overpowered the gainers on a ratio of 485-to-411 stocks. Traded volumes stood at 3.92 billion shares worth RM2.03bil.

Much of the losses were due to the selling pressure on banking stocks. Maybank and Hong Leong Financial Group fell eight sen each to RM18.90 and RM8.78.


Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.

Related Stocks

BURSA 6.390
CIMB 5.190
FBMKLCI 1399.700
HLFG 17.900
KLK 20.800
PBBANK 3.900


Login to comment.