Bursa Closes Lower For Fifth Straight Trading Day

Bursa Malaysia closed lower for the fifth consecutive session on Monday (May 15), as weak market sentiment due to external developments weighed on investors’ risk appetite.

At 5pm, the FBM KLCI had fallen 5.55 points, or 0.39%, to 1,417.37, from last Friday’s close at 1,422.92.

The barometer index opened slightly higher at 1,423.53 on Monday morning, and then fluctuated between 1,415.94 and 1,427.36 throughout the day.

Market breadth was negative, with decliners beating gainers 547 to 304, while 411 counters were unchanged, 995 untraded, and 28 others suspended.

Turnover dropped marginally to 2.66 billion units worth RM1.41 billion, from 2.74 billion units valued at RM1.77 billion last Friday.

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