Bursa Closes Lower, Tracking Regional Peers

Bursa Malaysia closed lower on Monday in tandem with the weaker regional market performance as investors were cautiously awaiting a slew of key economic data from several countries, a dealer said.

At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) shed 0.37% or 5.36 points to 1,451.02 from Friday’s close of 1,456.38.

The benchmark index opened 1.41 points weaker at 1,454.97 and moved between 1,448.17 and 1,457.02 throughout the trading session.

Market breadth was negative, with decliners beating gainers by 591 to 306, while 430 counters were unchanged, 995 untraded and 27 others suspended.

Turnover shrank to 3.16 billion units worth RM1.87 billion from 3.23 billion units worth RM2.26 billion last Friday, Bernama reported.

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