Bursa Malaysia finished lower on Monday following a strong US employment report that eliminated hopes of interest rate cut, said an analyst.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 5.24 points to end at intraday low of 1,511.34 from last Friday’s (Feb 2) close of 1,516.58. The barometer index opened 0.67 of a point easier at 1,515.91 and hit an intraday high of 1,520.98 earlier in the day.
The barometer index opened 0.67 of-a-point easier at 1,515.91 and hit an intraday higher of 1,520.98 earlier in the day.
Decliners led advancers 605 to 390 on the broader market, while 441 counters were unchanged, 800 untraded, and 11 others suspended.
Turnover declined to 3.22 billion units valued at RM2.12 billion versus Friday’s 3.54 billion units valued at RM2.99 billion.
