Bursa Malaysia concluded the week with a downturn as investors opted to lock in gains in specific technology and utilities stocks following a recent modest rally over three days.
At the closing bell at 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) retreated by 4.06 points or 0.25%, settling at 1,619.06 from Thursday's closing of 1,623.12.
Opening slightly lower at 1,622.73, the benchmark index fluctuated between 1,616.22 and 1,622.97 throughout the trading session.
On the broader market, it favoured decliners, outnumbering advancers 639 to 532, with 513 stocks unchanged. Trading remained subdued, with 783 counters not traded and 25 stocks suspended.
Total volume decreased to 4.58 billion units valued at RM3.72 billion compared to 5.39 billion units worth RM4.41 billion recorded the previous day.