Stocks on Bursa Malaysia closed broadly lower yesterday with the benchmark FBM KLCI ended the day in negative territory on selling activities in selected heavyweights led by Petronas-related counters. The weaker Bursa Malaysia was in tandem with regional peers, following a selloff in global sovereign bonds. At close, the index was 6.45 points or 0.35% lower at 1,820.97 after fluctuating between 1,813.01 and 1,824.21 throughout the day. Losers led gainers 454 to 353, with 312 counters unchanged. Total volume rose to 1.92 billion shares worth RM1.79 billion from 1.82 billion shares worth RM1.93 billion on Tuesday.
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