KUALA LUMPUR, June 24 — Bursa Malaysia resumed the afternoon session lower due to weak market sentiment weighed down by the World Bank’s recent revised projection on Malaysia’s gross domestic product .
On the broader market, losers led gainers 872 to 148, while 352 counters were unchanged, 841 untraded and 10 others suspended.The World Bank has lowered its projection of Malaysia’s 2021 GDP growth to 4.5 per cent compared with 6.0 per cent estimated in March amid a dramatic resurgence of COVID-19 infections beginning mid-April this year.
On the index board, the FBM Emas Index was 85.17 points lower at 11,324.5, the FBMT 100 Index contracted 73.96 points to 11,030.21 and the FBM ACE lost 176.01 points to 7,323.58.
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