Stocks on Bursa Malaysia closed weaker yesterday on persistent profit taking in selected heavyweight counters amid the mixed performance on regional bourses. Regional markets were mixed due to weaker Chinese factory data, as well as growing concerns over the US’ economic growth. The benchmark FBM KLCI slipped 4.11 points or 0.24% to 1,743.41 after hovering between 1,732.27 and 1,752.08 throughout the day. Losers outpaced gainers by 436 to 378, while 2870 counters were unchanged. Total volume declined to 1.61 billion units, worth RM1.81 billion, from 2.23 billion units, worth RM3.69 billion, recorded on Friday.
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