17 Dec 2020 / 19:01 H.
KUALA LUMPUR: Bursa Malaysia snapped its strong showing over the past two days to end in the red today, weighed by profit-taking in heavyweights in the financial services sector.
The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) finished 7.06 points lower at 1,674.35 compared with Wednesday’s close of 1,681.41.
It opened 2.86 points better at 1,684.27 and moved between 1,669.69 and 1,684.30 throughout the day.
On the broader market, losers thumped gainers 790 to 445, while 454 counters were unchanged, 454 untraded and 45 others suspended.
Total volume decreased to 9.24 billion shares worth RM4.33 billion from 11.22 billion shares valued at RM5.21 billion on Wednesday.
Meanwhile, Asian peers were mixed amidst the decline in the overnight United States (US) stocks performance although the Dow (mini) is positive at press time, as Wall Street investors reacted positively to news that US lawmakers were nearing a coronavirus relief deal as well as the US Fed
KLCI ends morning session in the red
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KLCI opens higher but retreats thereafter
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