BURSA Malaysia retreated from its two-day gains to end lower on Friday but stayed above the 1,600 level as investors took profit amid the negative performance of its regional peers.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 5.73 points to 1,611.02 compared to Thursday’s (July 4) close of 1,616.75.

The benchmark index, which opened almost a point lower at 1,615.76, moved between 1,608.41 and 1,616.26 throughout the trading session.

Decliners outpaced gainers 670 to 447, with 490 counters unchanged, 796 untraded and six others suspended.

Turnover fell to 4.34 billion units worth RM2.95 bil from yesterday’s 4.93 billion units worth RM3.79 bil. - July 5, 2024

https://focusmalaysia.my/bursa-malaysia-retreats-ci-stays-above-1600-level-on-friday/