KUALA LUMPUR – Bursa Malaysia ended sharply lower today amid cautious sentiment over the high daily Covid-19 infection level that has breached 8,000 new cases today, and was also in line with the regional markets.
At 5pm, the benchmark FBM KLCI trimmed 21.44 points or 1.4% to 1,508.71 from yesterday’s close of 1,530.15.
The market bellwether opened 4.25 points lower at 1,525.9 – the day’s high – and fell as low as 1,501.21 throughout trading.
On the broader market, losers thumped gainers 1,057 to 147, while 285 counters were unchanged, 699 untraded and 10 others suspended.
The ringgit weakened to as low as RM4.18 against the US dollar today as the number of daily Covid-19 cases in the country hit 8,868 cases.
At 6pm, the local note stood at 4.1815/1830 versus the greenback from yesterday’s close of 4.1605/1625. – Bernama, July 8, 2021
