KUALA LUMPUR, Oct 26 — Bursa Malaysia closed lower on Monday, weighed down by selling pressure in selected heavyweights, mainly utilities and banking stocks, alongside weaker performances across regional markets.
At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) dropped 7.20 points, or 0.45 per cent, to 1,604.36 from last Friday’s close of 1,611.56.
The benchmark index opened 0.44 of a point firmer at 1,612.00, its highest level today, before hitting its lowest level of 1,600.45 during the late afternoon session.
However, the broader market was slightly positive, with gainers edging losers 549 to 514, while 508 counters were unchanged, 1,330 untraded, and 59 suspended.
