KUALA LUMPUR: Bursa Malaysia’s benchmark index ended yesterday broadly lower, mirroring regional market trends.
Investor sentiment was dampened by the US Federal Reserve’s decision to maintain interest rates and the People’s Bank of China’s unexpected decision to keep its key lending rates unchanged, according to an analyst.
At 5 pm, the FBM KLCI slipped by 13.50 points, or 0.89%, to 1,504.16 from Wednesday’s close of 1,517.66.
The benchmark index opened 4.74 points higher at 1,522.40 and moved between 1,504.14 and 1,524.23 throughout the day.
On the broader market, gainers edged losers 479 to 453, while 459 counters were unchanged, 1,046 untraded, and 17 suspended. — Bernama
