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Bursa closes lower amid continued profit taking

Cover Image for Bursa closes lower amid continued profit taking

The broader market remains positive, with the FBM KLCI trading above its 50- and 100-day moving averages, sustaining the medium-term recovery trend, says an analyst.

KUALA LUMPUR: Bursa Malaysia closed lower today amid ongoing profit-taking, marking a second consecutive session of losses.

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the FTSE Bursa Malaysia KLCI (FBM KLCI) slipped marginally as investors continued to take profit.

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