Bursa Malaysia pared earlier losses to end marginally lower

KUALA LUMPUR, March 23 ― Bursa Malaysia pared most of its earlier losses to close marginally lower by 0.08 per cent today, weighed by financial services stocks amid the weak market sentiment.

The market bellwether opened 5.07 points easier at 1,406.97 and hit an intraday low 1,403.55 during the midday session. Regionally, Hong Kong's Hang Seng Index advanced 2.34 per cent to 20,049.64, Indonesia's Jakarta Composite Index improved by 1.20 per cent to 6,691.61, Singapore's Straits Times Index slid 0.06 per cent to 3,219.00, Japan's Nikkei 225 declined 0.17 per cent to 27,419.61, while China’s SSE Composite Index rose 0.64 per cent to 3,286.65.

Among Bursa Malaysia heavyweights, CIMB and Petronas Chemicals added one sen each to RM5.21 and RM6.80, respectively, TNB advanced four sen to RM9.56, Public Bank declined five sen to RM3.95, and IHH Healthcare went down six sen to RM5.82. The FBM Emas Shariah Index went up 44.17 points to 10,670.54 and the FBM ACE Index climbed 12.97 points to 5,314.65.

Source: News Formal (newsformal.com)

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