Bursa ends lower for second day running | Malay Mail

KUALA LUMPUR, May 6 — Bursa Malaysia finished lower for the second consecutive day today with the benchmark composite index declining 1.17 per cent, dragged down mainly by plantation, gaming and technology stocks, a dealer said.

On the broader market, losers surpassed gainers 767 to 274 while 367 counters were unchanged, 830 untraded, and 16 others suspended. “As for the local bourse, despite the cautious market undertone, we expect bargain hunting to prevail, given the cheap valuations of local stocks, continuous inflow of foreign investors, and improving macroeconomic situation in the country,” he told Bernama.

On the index board, FBM 70 reduced 237.48 points to 13,386.07, FBM Emas Index dropped 144.21 points to 11,205.56, FBMT 100 Index decreased 144.00 points to 10,855.51, FBM Emas Shariah Index slid 206.25 points to 11,693.75, and FBM ACE slumped 77.30 points to 5,497.26.

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