BURSA MALAYSIA SHARPLY LOWER AT THE CLOSE (SCREEN)

SITI RADZIAH HAMZAH

KUALA LUMPUR, Nov 29 -- Bursa Malaysia closed sharply lower today amid heavy selling activities particularly in telecommunication, utilities and technology stocks, said an analyst. 

At 5 pm, the FTSE Bursa Malaysia (FBM KLCI) dipped 22.03 points or 1.40 per cent to finish at 1,561.74 from 1,583.77 at Thursday’s close.

The benchmark index opened at the day's high of 1,585.70 and touched its intra-day low of 1,560.72 towards the end of the trading day. 

On the broader market, losers thumped gainers 630 to 292, with 332 counters unchanged, 755 untraded and 70 others suspended.