BURSA ENDS AT 15-MONTH LOW

BURSA Malaysia gave up earlier gains to slip into the red in late trade, closing at over 15-month low on last-minute selling.

The key FTSE Bursa Malaysia KLCI (FBM KLCI) lost 5.61 points, or 0.32 per cent to finish at 1,709.75, the weakest level since March 3. The index opened 4.3 points higher at 1,719.66 from Tuesday’s close of 1,715.36 and moved between 1,709.75 and 1,728.69 throughout the day.

Market breadth was positive, with gainers outpacing losers 439 to 356, while 407 counters unchanged, 1,911 untraded and 24 others suspended. Turnover stood at 1.84 billion shares worth RM2.21 billion.