Cautious start for Bursa as worries about economy, foreign selling weigh

TheStar Mon, Apr 06, 2020 09:27am - 4 years View Original


KUALA LUMPUR: Bursa Malaysia kicked off Monday on a cautious note as worries about the outlook for the economy were confirmed by Bank Negara’s forecast while foreign selling continued to weigh.

At 9.13am, the FBM KLCI was down 0.59 of a point or 0.04% to 1,330.06. Turnover was 507.49 million shares valued at RM156.33mil. There were 206 gainers, 114 losers and 204 counters unchanged.

Reuters reported in Asia, Australia's benchmark index added 0.5%, Japan's Nikkei was up 0.2% while South Korea's Kospi index climbed 1.4%.

MSCI's broadest index of Asian shares outside of Japan edged up 0.1%. China markets were closed for a public holiday.

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