BURSA Malaysia shook off early losses to close mixed Monday, with the benchmark index ending little changed on cautious market sentiment as key economic data from the United States and China due later this week weighed on investors’ risk appetite.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) added 0.60 of-a-point to 1,445.81 from 1,445.21 at Friday’s close.
The barometer index opened 0.32 of-a-point easier at 1,444.89 and moved between 1,442.13 and 1,449.38 throughout the day.
However, the broader market was weaker with losers outpacing gainers 482 to 330, while 457 counters were unchanged, 1,005 untraded and 26 others suspended.
Turnover increased to 3.13 billion units worth RM1.34 billion from 2.68 billion units valued at RM1.42 billion last Friday. – Aug 7, 2023
