FBM KLCI slips for second day amid mixed regional markets
KUALA LUMPUR: The FBM KLCI closed lower for the second consecutive session, weighed down by cautious sentiment as regional markets showed mixed performances.
The market barometer fell 8.14 points, or 0.53%, to 1,526.16. The index traded within a 13.48-point range, between an intraday high of 1,535.41 and a low of 1,521.93.
Stocks that fell outnumbered those that rose 575 to 338, with another 474 counters unchanged. A total of 2.6 billion shares changed hands, worth RM1.85bil.
On Bursa Malaysia, F&N led the decliners, slipping 30 sen to RM27, followed by Sime, down 27 sen to RM1.87, United Plantations, which eased 22 sen to RM22.78, and BLD Plantation , 20 sen lower at RM10.80.
Conversely, Nestle jumped RM1.90 to RM81.50, PETRONAS Dagangan added 70 sen to RM19.80, Kuala Lumpur Kepong rose 56 sen to RM20.36 and Hong Leong Industries gained 30 sen to RM13.78.
Stock market data showed that foreign investors sold a net RM61mil on Monday. Local institutions and retailers were net buyers, with RM54mil and RM7mil, respectively.
Meanwhile, the ringgit was quoted at 4.2382, up 0.46% against the US dollar.
Elsewhere in the region, Japan's Nikkei 225 rose 0.51%, Hong Kong's Hang Seng Index closed up 0.43%, South Korea's Kospi fell 0.27% and China's CSI 300 Index closed down 0.54%.
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