Stocks on Bursa Malaysia closed lower yesterday on profit taking in key heavyweights especially finance as well as oil and gas amid external weakness. Market sentiment was dampened by the reemergence of a geopolitical risk in Ukraine and uncertainty caused by renegotiations between the new anti-austerity Greek government and international lenders. At close, the FBM KLCI dropped 7.29 points or 0.40% to 1,795.88 after moving between 1,790.02 and 1,800.64 throughout the day. Decliners outpaced gainers by 440 to 340, while 339 counters were unchanged. Total turnover declined to 2 billion shares valued at RM2.3 billion from 2.1 billion units valued at RM2.2 billion on Tuesday.
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