Bursa Malaysia closed lower on Friday, with the FTSE Bursa Malaysia KLCI (FBM KLCI) dropping 5.92 points or 0.36% to 1,635.74. The market saw cautious trading ahead of US Federal Reserve Chairman Jerome Powell’s speech.
Bursa closed lower
Losers outnumbered gainers 888 to 255, leading to a negative market breadth. Turnover decreased to RM2.80 billion from RM3.08 billion the previous day.
Notable decliners included Nestle, Malaysian Pacific Industries, MSM, and Notion VTec, while F&N, Warisan TC, Carlsberg, and Mega First saw gains. Despite Friday’s decline, the FBM KLCI gained 0.73% over the week.
On the other hand, F&N rose 32 sen to RM29.82, Warisan TC gained 32 sen to RM1.49, Carlsberg added 16 sen to RM19.10 and Mega First climbed 10 sen to RM4.55 but Bursa closed lower.
Table of Contents
Leave a Reply
You must be logged in to post a comment.