Bursa closes on easier note
KUALA LUMPUR, June 21 – Bursa Malaysia closed on easier note today following weak global market sentiment and profit-taking, dealers said.
They said concerns over the poor external economic environment continued to rise after US Federal Reserve signalled weaker economic outlook and a slower drop in unemployment rate.
The FTSE Bursa Malaysia KLCI (FBM KLCI) fell by 2.96 points to close at 1,601.43. The barometer index, which opened at 1,605.94, fluctuated between 1,599.75 and 1,607.31, throughout the day.
The regional bourses also eased. Hong Kong’s Hang Seng dropped 253.78 points to 19,265.07, Singapore’s Straits Times Index declined 25.53 points to 2,830.15 and China’s Shanghai Composite fell 32 points to 2,260.88.
The Finance Index fell 27.64 points to 14,251.29.
The Plantation Index added 8.33 points to 8,492.74 and the Industrial Index rose 22.25 points to 2,814.74.
The FBM Emas Index declined 15.69 points to 10,957 and the FBM ACE Index retreated 8.05 points to 4,321.93.
The FBM Mid 70 Index inched up 13.93 points to 12,048.06.
Losers led gainers by 424 to 354 while 316 counters were unchanged, 477 untraded and 19 others suspended.
Turnover rose to 1.572 billion shares worth RM1.577 billion from 1.401 million shares worth RM1.763 billion yesterday. – Bernama