Business

Bursa ends lower on persistent selling in healthcare stocks

FBM KLCI falls 0.46% to 1,590.57 from yesterday’s close

Updated 5 years ago · Published on 03 Jun 2021 7:30PM

Bursa ends lower on persistent selling in healthcare stocks
Total volume on Bursa this evening slides to 6.91 billion units worth RM3.60 billion. – The Vibes file pic, June 3, 2021

KUALA LUMPUR – Bursa Malaysia failed to maintain its upbeat momentum in the last two days, ending today lower on persistent selling seen in healthcare-related stocks as investors opted to stay on the sidelines to weigh the surge in Covid-19 infections and the pace of the vaccination drive.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI fell 7.37 points, or 0.46%, to 1,590.57 from yesterday’s close of 1,597.94.

The market barometer opened 1.14 points higher at 1,599.08, and moved between 1,586.61 and 1,599.72 throughout the session.

Overall, market breadth was negative, with losers leading gainers 545 to 539, while 425 counters were unchanged, 633 untraded, and 21 suspended.

Total volume fell to 6.91 billion units worth RM3.60 billion from yesterday’s 7.44 billion units worth RM4.01 billion.

Bursa and its subsidiaries will be closed next Monday in conjunction with the official birthday of Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah.

They will resume operations the following day. – Bernama, June 3, 2021

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