KLCI closes below 1,500-level; broad selling across Bursa Malaysia

TheStar Mon, Sep 21, 2020 05:34pm - 3 years View Original


KUALA LUMPUR: The FBM KLCI pared some of its earlier losses but remained in the red, closing below the 1,500-mark.

At 5pm, the 30-stocks index closed 7.2 points, or 0.48% to 1,499.430 as the underlying trend remained bearish, against the backdrop of cautious regional markets.

The index opened 3.79 points higher at 1,510.42 this morning. The market traded within a range of 14.80 points between an intra-day high of 1,511.77 and a low of 1,496.97 during the session.

Market breadth turned negative as losers overpowered the gainers on a ratio of 873-to-275 stocks. Traded volumes stood at 7.02 billion worth RM3.55bil.

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