Bursa struggles but KLCI manages to close above key 1,600


KUALA LUMPUR: Blue chips struggled on Wednesday as profit taking picked up pace on recent gainers and the broader market turned slightly weaker in the absence of strong fund buying support.

At 5pm, the FBM KLCI was down 5.4 points or 0.34% to 1,604.75. Turnover was 14.41 billion shares valued at RM5.08bil. The broader market weakened with 731 losers to 473 gainers and 456 counters unchanged.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Trade showing remains on upward trajectory
Maxis pledges full support to government’s 5G delivery model
Fajarbaru Builder secures RM13mil job
MKH Oil Palm IPO oversubscribed
The pros and cons of earned wage access
Making every load lighter
Making the Malaysian startup pitch
How Sin-Kung leveraged air cargo for its success
Domestic office-sector REITs stay cautious
‘Muted optimism’

Others Also Read