KUALA LUMPUR: Bursa Malaysia extended its decline early Monday as investor sentiment was dampened by the record high Covid-19 cases and dampening any optimism about the opening up of more economic sectors.
At 9.29am, the FBM KLCI was down 6.25 points or 0.41% to 1,517.19. Turnover was 866.62 million shares valued at RM436.68mil. There were 315 gainers, 282 losers and 373 counters unchanged.
On Sunday, there were 17,045 new Covid cases and raising the number of cases since the outbreak to 1.031,438 cases. There were 92 deaths and the numbers rose to 7,994 fatalities.
Most Asian stocks rose early Monday after U.S. shares rallied to an all-time high on corporate earnings, though traders are also mulling China’s technology-sector crackdown and an upcoming Federal Reserve meeting, Bloomberg reported.
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