FBM KLCI pulls back 1.06% in line with regional retreat

TheStar Mon, Jun 20, 2022 05:14pm - 1 year View Original


KUALA LUMPUR: The FBM KLCI ended the day in red on Monday in line with the weak performance of its regional peers.

The 30-stock index ended down 15.5 points, or 1.06% to 1,441.24, the lowest since May 2020.

The broader market sagged, with decliners outnumbering advancers 747 to 200 while 351 counters were unchanged.

Dealers said the local bourse which tracked the performance of key Asian markets, was weighed down by banking stocks. They expect volatility to continue due to the uncertainties surrounding the global economy.

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