FBM KLCI ends lower on profit-taking, broader market positive

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Bursa Malaysia,Closing,Financial Services

BATU PAHAT: Datuk Seri Dr Wee Ka Siong paid his last respects to Sijil Pelajaran Malaysia (SPM) candidate Sim Hui Yi, who passed away after falling into a coma one day before the national exam.

KUALA LUMPUR: The FTSE Bursa Malaysia KLCI ended the week slightly lower, pulling back from recent gains as profit-taking dominated amid heightened investor caution.

However, market breadth was positive as gainers led losers 574 to 465, while 524 counters were unchanged, 913 untraded and 12 suspended. "Elsewhere, the Bursa Malaysia Small Cap, Mid Cap Index and ACE Market have risen over the past fortnight, fuelled by improving economic data from China, signalling growing investor confidence,” he told Bernama.

Regionally, most bourses were mostly lower with Singapore’s Straits Times index losing 0.69 per cent to 3,796.16, Japan’s Nikkei dipped 0.77 per cent to 39,091.17, and South Korea’s Kospi dropped 0.56 per cent to 2,428.16. Hong Kong’s Hang Seng Index advanced 1.56 per cent to 19,865.85, and China’s SSE Composite Index added 1.05 per cent to 3,404.08.

On the index board, the FBM Emas Index rose 18.71 points to 12,346.90, the FBMT 100 Index increased 13.42 points to 12,027.70, and the FBM 70 Index surged 134.67 points to 18,400.21. The FBM Emas Shariah Index climbed 19.03 points to 12,323.13 and the FBM ACE Index jumped 62.43 points to 5,307.19.

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