KUALA LUMPUR: Bursa Malaysia ended it's winning streak to close lower, along with regional markets ahead of US inflation data releasesubdued performance in regional markets.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) declined 11.97 points to 1,486.86 from Tuesday's close of 1,498.83.
The benchmark index started the day 1.03 points lower at 1,497.80 and fluctuated within the range of 1,486.72 to 1,497.80 throughout the entire day.
On the broader market, decliners led gainers 588 to 359, while 497 counters were unchanged.
Turnover fell to 4.97 billion units worth RM2.84 billion from 6.44 billion units worth RM3.77 billion on Tuesday.
In a note today, Malacca Securities Research said the FBM KLCI ended lower in line with the negative performance of the regional markets.
The firm said strong profit-taking activities were observed in banking heavyweights such as Public Bank Bhd and Malayan Banking Bhd (Maybank).
"On the broader market, the energy sector gained 0.67 per cent was the leading sector with buying interest in Dayang Enterprise Holdings Bhd (up six sen) and Bumi Armada Bhd (up one sen).
"Meanwhile, the healthcare sector declined by 1.56 per cent, due to selling pressure in Hartalega Holdings Bhd (fell 10 sen) and Top Glove Corporation Bhd (fell 2.5 sen)," it noted.
The top three active stocks were Hong Seng Consolidated Bhd, which fell 0.5 sen to two sen; Minetech Resources Bhd, which fell one sen to 22.5 sen; and TWL Holdings Bhd, which rose 0.5 sen to five sen.