Business

Bursa opens higher but retreats

FBM KLCI falls 5.04 points to 1,595.25 compared with yesterday’s close of 1,600.29

Updated 5 years ago · Published on 20 Apr 2021 9:15AM

Bursa opens higher but retreats
The overall market breadth remains negative, with losers outpacing gainers 247 to 153. – EPA pic, April 20, 2021

KUALA LUMPUR – Bursa Malaysia fell back into the red today after a slightly higher opening amid market concerns over daily Covid-19 confirmed cases staying above the 2,000-mark for the fifth consecutive day.

At 9.05pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) decreased 5.04 points to 1,595.25 compared with yesterday’s close of 1,600.29.

The barometer index opened 0.14 of a point higher at 1,600.43.

The overall market breadth remained negative with losers outpacing gainers 247 to 153, while 282 counters were unchanged, 1,484 untraded and seven others suspended.

Total volume stood at 299.94 million shares worth RM140.69 million. – Bernama, April 20, 2021

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