BURSA Malaysia gave up early gains to close lower today, succumbing to selling pressure, and bucked the regional trend as investors turned cautious ahead of Chinese New Year celebration.
At 5 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) eased 5.30 points or 0.34% to 1,573.33 from 1,578.63 at Friday’s close.
The key index opened 1.81 points higher at 1,580.44 and moved between 1,572.77 and 1,586.06 throughout the day.
In contrast, Japan’s Nikkei 225 surged 2.12% to 29,388.50, Hong Kong’s Hang Seng added 0.11% to 29,319.47, while Singapore’s Straits Times Index gained 0.93% to 2,934.29. – Feb 8, 2021
