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Bursa ends lower amid mixed regional market

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Investors offloading shares ahead of tomorrow’s public holiday, says analyst.

KUALA LUMPUR: Bursa Malaysia finished lower today amid a mixed regional market and after a volatile Wall Street overnight, a dealer said.

“Technically, 1,433 points will serve as the immediate support. Any recovery may see gains the 1,464 to 1,470 level,” he told Bernama. Meanwhile, investors are also keeping a close tab on the US second-quarter gross domestic product data to be released tomorrow night.The Dow Jones Industrial Average fell 1.1% to 33,618.88 and the Nasdaq composite lost 1.6% to 13,063.61.

Sector-wise, the plantation index eased 16.02 points to 6,991.24, the industrial products services index narrowed by 1.55 points to 172.66 and the financial services index decreased by 64.89 points to 16,123.63.The Main Market volume stood at 1.88 billion units worth RM1.66 billion from 1.88 billion units worth RM1.62 billion yesterday.

 

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