Bursa Malaysia pared most of its earlier losses to end marginally lower Monday (June 19), tracking the downbeat performance in regional bourses as market sentiment turned cautious ahead of China’s rate decision and the US Federal Reserve chair Jerome Powell’s upcoming testimony.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 1.28 points to 1,387.33 from 1,388.61 at the close last Friday (June 16).
The key index opened 4.72 points lower at 1,383.89 in the morning and moved between 1,379.83 and 1,390.5 throughout the trading session.
On the broader market, decliners outpaced gainers 452 to 371, while 426 counters were unchanged, 1,044 untraded and 25 others suspended.
Turnover decreased to 2.58 billion units worth RM1.47 billion versus 3.54 billion units worth RM3.25 billion last Friday.
