Bursa ends lower amid negative regional performance

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Bursa ends lower amid negative regional performance
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Investors eagerly anticipate the results of tonight’s Federal Reserve meeting on interest rates.

KUALA LUMPUR: Bursa Malaysia ended lower for the third day in a row amid a mainly negative regional performance, said an analyst.

He also told Bernama that the decision by the People’s Bank of China to maintain the benchmark lending rate today was expected by the market. However, the broader market was positive with advancers outpacing decliners 537 to 423 while 440 counters were unchanged, 974 untraded, and 11 others suspended.

The FBM 70 Index improved by 97.57 points to 14,346.28 and the FBM Emas Shariah Index strengthened by 18.53 points to 11,018.46.

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