KLCI ends lower for fourth session in a row

TheStar Thu, Jan 20, 2022 05:33pm - 2 years View Original


KUALA LUMPUR: Bursa Malaysia saw a follow through selling pressure on Thursday, pushing the benchmark index lower for the fourth straight session.

At 5 pm, the bellwether FBM KLCI closed down 2.58 points at 1,527.75. It rose to an intraday high of 1,532.82.

On the broader market, gainers outnumbered losers 518 versus 403 while 416 counters were unchanged. Market turnover stood at 3.38 billion shares valued at RM2.25bil.

According to data on Bursa Malaysia, foreign investors and local institutions sold RM28mil and RM14mil of local equities respectively on Wednesday. Local retailers acquired RM42mil worth of equities.

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