KUALA LUMPUR – Bursa Malaysia extended yesterday's losses, reversing its opening gains within minutes today in tandem with the mixed performance of regional peers.
Asian stock markets turned cautious as sentiments swung between optimism due to the Covid-19 vaccine roll-out and the ensuing global economic recovery, and concerns about rising infection rates, dealers said.
At 9.10am, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) was 3.17 points lower at 1,671.18, compared with yesterday's close of 1,674.35.
The market had opened 2.49 points better at 1,676.84.
The overall market breadth was slightly negative as losers edged past gainers 269 to 252, while 383 counters were unchanged, 1,263 untraded and 47 others suspended.
Volume stood at 553.42 million units worth RM189.27 million. – Bernama, December 18, 2020
