BURSA Malaysia closed broadly lower on Monday, in tandem with the weaker performance in regional bourses as cautious sentiment following geopolitical tensions in the Middle East weighed on investors risk appetite.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) eased 5.18 points to 1,438.96 from Friday’s close of 1,444.14.
The key index, which opened 1.22 points better at 1,445.36, moved between 1,436.5 and 1,446.12 throughout the day.
Market breadth was negative with decliners thumping advancers 597 to 284, while 451 counters were unchanged, 1,022 untraded and 24 others suspended.
Turnover decreased to 3.09 billion units worth RM1.92 bil from 3.22 billion units worth RM1.80 bil on Friday. – Oct 16, 2023
