BURSA MALAYSIA ENDS IN RED, MID AND SMALL-CAP UNDER PRESSURE (SCREEN)

AISHAH MOHMAD AFANDI

KUALA LUMPUR, March 23 -- Bursa Malaysia ended the day lower following the continuous decline in global oil price amid spiralling concern over the rising fatalities associated with COVID-19 pandemic.

At the close, the main index; the FTSE Bursa Malaysia KLCI (FBM KLCI) was 43.40 points lower at 1,259.88 compared with Friday’s close of 1,303.28. 

The key index was 53.78 points easier at 1,249.50 this morning with the benchmark index moving 33.80 points between 1,241.46 and 1,275.26 throughout the session. 

From the overall indexes on the local bourse, the medium and small-sized capital stocks came under intense selling pressure throughout the trading day. 

On the broader market, losers overtook gainers 772 to 161, while 217 counters were unchanged, 869 untraded and 17 suspended. 

Turnover decreased to 2.80 billion shares worth RM2.31 billion compared with last Friday’s 5.05 billion shares worth RM4.04 billion.