Telco stocks drag Bursa Malaysia lower at close | Malay Mail

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Telco stocks drag Bursa Malaysia lower at close

The benchmark FTSE Bursa Malaysia KLCI settled 11.22 points lower at 1,644.09, from 1,655.31 at 5pm yesterday. — Picture by Hari Anggara

The index, which opened 1.29 points weaker at 1,654.02 earlier, moved between 1,644.09 and 1,655.89 throughout the morning session. As at 12.30pm, turnover stood at 1.00 billion units worth RM1.01 billion against 1.60 billion units worth RM1.55 billion recorded at 5 pm yesterday. He also said weak local participation, as most of investors had left for the Hari Raya Aidilfitri holidays, also contributed to the day’s weak interest.

On the scoreboard, the FBM Emas Index fell 52.84 points to 11,538.59, the FBMT 100 decreased 55.39 points to 11,402.7, and the FBM Emas Shariah Index gave up 64.93 points for 11,725.3. Main Market volume declined to 619.94 million shares worth RM935.79 million during the half-day trading, compared with 937.37 million shares valued at RM1.42 billion registered on Monday.

 

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