KUALA LUMPUR – Bursa Malaysia reversed earlier gains to finish at an intraday low for a second consecutive day, with the key index weighed down by persistent selling in rubber glove heavyweights amid recovery plays following the arrival of Covid-19 vaccines.
At 5pm, the benchmark FTSE Bursa Malaysia KLCI declined 5.41 points, or 0.34%, to 1,565.05 from 1,570.46 at yesterday’s close.
It opened 3.21 points firmer at 1,573.67, and moved between 1,565.05 and 1,680.68 throughout the day.
However, market breadth remained positive, with gainers marginally leading losers 603 to 602, while 450 counters were unchanged, 542 untraded and nine suspended.
Total volume was easier at 11.45 billion shares worth RM5.54 billion, compared with 13.30 billion units worth RM5.70 billion yesterday. – Bernama, February 23, 2021
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