Bursa Malaysia ends almost flat on first trading week of 2023

KUALA LUMPUR, Jan 6 — Bursa Malaysia pared most of its earlier losses to end marginally lower on the first trading week of this year on lack of positive catalysts, amid a mixed...

KUALA LUMPUR, Jan 6 — Bursa Malaysia pared most of its earlier losses to end marginally lower on the first trading week of this year on lack of positive catalysts, amid a mixed performance on regional bourses.

Market breadth was negative with decliners outpacing advancers 452 to 383, while 408 counters were unchanged, 967 untraded, and nine others suspended. "On the other hand, some investors remain cautious due to the increasingly global market volatility,” he added. On the index board, the FBM Emas Index dipped 2.64 points to 10,632.33, the FBMT 100 Index declined 5.92 points to 10,342.42, and the FBM Emas Shariah Index increased 1.32 points to 10,835.87.

The Main Market volume slipped to 2.09 billion shares worth RM1.19 billion from Thursday's 2.28 billion shares worth RM1.60 billion.

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