Business

Bursa extends downtrend in early trade

Benchmark FBM KLCI slips 2.67 points to 1,629.25

Updated 5 years ago · Published on 23 Dec 2020 9:40AM

Bursa extends downtrend in early trade
At 9.07am, the benchmark FTSE Bursa Malaysia KLCI has slipped 2.67 points to 1,629.25 after opening 0.63 of-a-point lower at 1,631.55 this morning. – File pic, December 23, 2020

KUALA LUMPUR – Bursa Malaysia extended yesterday’s downtrend to open easier this morning as market sentiment continued to be clouded by a resurgence of Covid-19 cases, as well as lower oil prices, dealers said.

At 9.07am, the benchmark FTSE Bursa Malaysia KLCI slipped 2.67 points to 1,629.25 after opening 0.63 of-a-point lower at 1,631.55 this morning.

On the broader market, gainers led losers 295 to 165, while 1,256 counters were unchanged, 432 untraded and 38 others suspended.

Volume stood at 1.13 billion units worth RM417.16 million. – Bernama, December 23, 2020

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