KUALA LUMPUR: The shortened trading week has led Malaysian equities to close broadly lower today with selling mainly on technology and industrial products and services counters.
Market breadth was negative with decliners outpacing gainers 487 to 332, while 411 counters were unchanged, 1,001 untraded and 11 others suspended. He noted that key regional indices trended mostly lower following a negative cue from Wall Street overnight due to concerns about the US banking sector, which is under pressure from interest rate hikes.
On the index board, the FBM Emas Index gained 10.13 of a point to 10,458.25, the FBMT 100 Index increased 13.71 points to 10,153.83 but the FBM Emas Shariah Index erased 27.75 points to 10,758.73. The Main Market volume decreased to 1.72 billion units valued at RM1.15 billion, from 2.44 billion units worth RM1.39 billion on Wednesday.
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