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Bursa slightly lower as interest shifts to smaller-cap stocks

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Strong buying activity observed in plantation, healthcare and telecommunications sectors, says analyst.

KUALA LUMPUR: Bursa Malaysia ended slightly lower today as investors shifted their buying interest to smaller-cap stocks, according to Rakuten Trade Sdn Bhd equity research vice-president Thong Pak Leng.

The index opened 4.32 points lower at 1,449.22 and fluctuated between 1,445.31 and 1,455.09 throughout the session. At home, heavyweight Maybank traded at ex-dividend today in respect of the single-tier first interim dividend for the financial year ending Dec 31, 2023. The FBM Emas Shariah Index advanced 21.94 points to 10,939.27, the FBM 70 Index perked 63.21 points to 14,151.55 and the FBM ACE Index was 20.26 points higher at 5,164.56.

 

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