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Bursa Malaysia ends on weak note

Index bucks regional trend on profit-taking ahead of long weekend

Updated 5 years ago · Published on 24 Dec 2020 8:30PM

Bursa Malaysia ends on weak note
The benchmark FTSE Bursa Malaysia KLCI shed 6.33 points to finish the day at 1,641.17 after moving between 1,636.98 and 1,649.71 throughout the session –  Pixabay pic, December 24, 2020

KUALA LUMPUR – Bursa Malaysia welcomed Christmas eve on a weak note, with the key index bucking the regional trend due to profit-taking ahead of the long weekend and amid cautious market sentiments.

The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) shed 6.33 points to finish the day at 1,641.17 after moving between 1,636.98 and 1,649.71 throughout the session.

The overall market breadth skewed towards negative with losers outnumbering gainers 587 to 514, while 764 counters were unchanged, 283 untraded and 38 others suspended.

Total volume increased marginally to 6.73 billion units worth RM2.84 billion from 6.35 billion units worth RM3.42 billion yesterday.

The local market will be closed tomorrow for Christmas and trading will resume on December  28, 2020. – Bernama, December 24, 2020

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