KUALA LUMPUR: The FBM KLCI mirrored their regional peers’ slide on Monday as market sentiment remained cautious.
The downbeat mood sent the 30-stock down 5.41 points, or 0.38% to 1,418.76, its intraday low.
In the broader market, losers outnumbered gainers with 632 stocks ending lower and 285 stocks finishing higher. That gave a market breadth of 0.45 indicating the bears were in better control.
About 3.01 billion shares, valued at RM1.8bil, changed hands.
All indices on Bursa Malaysia, apart from the Bursa Malaysia Healthcare and Bursa Malaysia Telecommunications & Media, were down.
Bursa Malaysia Healthcare Index rose 0.79% to 1,680.92 while Telecommunications & Media added 0.78% to 577.69 points.
Among the losers, Malaysian Pacific Industries
fell 46 sen to RM27, Panasonic Manufacturing eased 22 sen to RM18.92, PPB eased 20 sen to RM15.28 and Boustead Plantations slid 19 sen to RM1.27.
Rapid Synergy jumped 60 sen to RM25.20, Nestle added 50 sen to RM127, PETRONAS Dagangan gained 26 sen to RM22.64 and Harrisons rose 21 sen to RM8.59.
KNM, the most active counter on Bursa Malaysia, jumped 12%, or 1.5 sen to 14 sen with 131.23 million shares traded.
Markets in India, South Korea, Hong Kong and China were closed for a holiday.
Japan’s Nikkei Stock Average fell 0.31% to 31,759.88 while Singapore’s Straits Times Index closed down 0.19% at 3,211.40.
