Stocks on Bursa Malaysia ended lower yesterday on lack of investor participation despite the announcement of a gradual corporate tax reduction by Prime Minister Najib Abdul Razak, as investors remained on the sidelines pending first-quarter corporate earnings announcements. The FBM KLCI fell 6.88 points or 0.38% to close at 1,798.61, after hovering between 1,797.01 and 1,802.54 throughout the day. Losers thrashed gainers by 576 to 240, with 319 counters unchanged. Total volume was slightly higher at 1.62 billion units worth RM1.7 billion from Monday’s 1.54 billion units worth RM1.6 billion.
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