KUALA LUMPUR: Shares on Bursa Malaysia slipped back into the red after yesterday’s rebound amid reports of an effort to set up a unity government and calls for a snap election following the collapse of the Pakatan Harapan-led government on Monday.
As at 9.05am, the FTSE Bursa Malaysia KLCI (FBM KLCI) slid 15.13 points to 1,485.75 from, erasing yesterday’s gains of 10.82 points which saw the market closed at 1,500.88.
On Monday, the main index had lost 2.68% or 41.14 points to close 1490.06 points, marking the weakest performance since December 2011.
Turnover amounted to 204.56 million shares worth RM92.10 mil.
On the broader market, losers trumped gainers 295 to 80 with 154 counters unchanged, 1,472 untraded and 25 others suspended. – Feb 26, 2020, Bernama
