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Bursa Malaysia opens lower across the board ahead of total lockdown

2021-05-31T01:30:36-04:00May 31st, 2021|
Bursa opens lower across the board ahead of total lockdown

KUALA LUMPUR (May 31): Bursa Malaysia opened the week in the red across the board on cautious market sentiment ahead of the total lockdown nationwide to be implemented beginning tomorrow on the back of higher COVID-19 cases.

At 9.02am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) erased 23.64 points, or 1.48 per cent, to 1,570.80 from 1,594.44 at Friday’s close.

The index opened 23.4 points weaker at 1,571.04.

Market breadth was negative with losers outnumbering gainers 740 to 40, while 123 counters were unchanged, 1,279 untraded and 58 others suspended.

Total volume stood at 525.94 million units worth RM184.68 million.

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