Bursa Malaysia ends lower on external factors

BURSA Malaysia’s benchmark index ended lower on Monday despite the positive tone of the broader market as investors are cautious due to continuing geopolitical tensions in Europe and volatilities in regional equities.

At 5pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 4.10 points weaker at 1,587.16 from 1,591.26 at last Friday’s close.

After opening 3.19 points easier at 1.588.07, the market bellwether moved between 1,579.31 and 1,589.49 throughout the trading session.

On the broader market, gainers outnumbered losers 558 to 398, while 402 counters were unchanged, 948 untraded, and 28 others suspended.

Total turnover decreased to 2.44 billion units valued at RM2.27 bil from 3.33 billion units valued at RM5.70 bil last Friday. – March 21, 2022

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