KUALA LUMPUR: Bursa Malaysia’s benchmark index extended its decline to close below the 1,600-support level as persistent foreign selling weighed on banking heavyweights, said an analyst.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) trimmed 12.01 points, or 0.74%, to 1,595.75 from Friday’s close of 1,607.76.
The benchmark index, which opened 3.58 points lower at 1,604.18, moved between 1,593.37 and 1,604.65 throughout the trading session.
On the broader market, decliners outnumbered gainers 741 to 322, while 482 counters were unchanged, 1,299 untraded and 35 suspended.
