KUALA LUMPUR, Feb 16 — Bursa Malaysia erased earlier gains to end lower today due to profit-taking on the lack of fresh catalysts as investors remained cautious amid the mixed performance of regional and global equity markets, a dealer said.
At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) dipped 3.93 points to end at 1,484.26 compared with Wednesday's close of 1,488.19.
The key index opened 0.35 of-a-point weaker at 1,487.84 and moved between 1,483.54 and 1,494.54 throughout the trading day.
However, the market breadth was positive as advancers led decliners 527 to 403, while 410 counters were unchanged, 873 untraded and 16 others suspended.
Turnover increased to 4.56 billion units worth RM2.55 billion against Wednesday's 3.49 billion units worth RM2.02 billion. — Bernama