Bursa Malaysia ends at intraday low due to cautious sentiment

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Bursa Malaysia ends at intraday low due to cautious sentiment
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KUALA LUMPUR, Oct 2 — Bursa Malaysia ended at an intraday low today due to cautious sentiment and a lack of fresh catalysts amid mixed performance by regional markets, said an...

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Turnover decreased to 3.01 billion units worth RM1.80 billion from 3.03 billion units worth RM2.43 billion on Friday. Thong expects the market to remain cautious due to external factors such as the unpredictability of global central banks’ monetary policies and the presence of inflationary pressures. At the close, heavyweights Maybank fell four sen to RM8.75, CIMB declined three sen to RM5.40, Tenaga Nasional slipped nine sen to RM9.90, Petronas Chemicals slid 12 sen to RM7.07, while Public Bank was unchanged at RM4.06.

The FBM ACE Index weakened by 29.13 points to 5,146.11 and the FBM 70 Index narrowed by 61.02 points to 14,132.25.

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