KUALA LUMPUR: CTOS Digital’s impressive debut on the Main Market on Monday gave some hope to investors as market sentiment was cautious, weighed down by the Covid-19 pandemic, political concerns and weaker economic growth.
At 9.22am, the FBM KLCI was up 0.05 point to 1,522.53. Turnover was 634.63 million shares valued at RM473.96mil. There were 242 gainers, 269 losers and 356 counters unchanged.
Bloomberg reported Asian stocks and US futures fell early Monday on concerns about the impact of elevated inflation and Covid-19 outbreaks on economic prospects. Treasuries climbed and oil slipped after an Opec+ supply deal.
Shares fell in Japan, Australia and South Korea. U.S. futures dropped after the S&P 500 fell for the first week in four.
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