Bursa Malaysia drifts lower on negative Wall Street performance

Apex Securities' Leong said the weakness was due to profit-taking activities.

KUALA LUMPUR: Bursa Malaysia drifted lower yesterday, snapping a three-day winning streak, taking cues from the negative developments on Wall Street overnight, says an analyst.

At 5pm, the FBM KLCI shed 10.98 points, or 0.70%, to 1,537.01 from Tuesday’s close of 1,547.99. The benchmark index opened 0.70 of-a-point easier at 1,547.29 and moved between 1,537.01 and 1,548.42 throughout the trading session.