Bursa Malaysia could not sustain the rally from the previous session and tracked global equities lower amid worsening sentiment over the impact of the Covid-19 pandemic.
Trading volume was 1.63 billion shares valued at RM1.09bil. Market breadth was negative with 732 decliners, 117 gainers and 183 counters unchanged. Bursa Malaysia Securities suspended the short selling activities for CMSB, Serba Dinamik, MI and Frontken on Monday morning and for the rest of the day. It said the last done price of the shares dropped more than 15% from the reference price. The short selling will only be activated on Tuesday at 08:30am.
CMSB was down 18 sen to 94 sen, Serba Dinamik 14 sen to RM1.16, MI 24 sen to RM1.43 and Frontken 12 sen to RM1.33. The FBM KLCI slid 35.21 points to 1,268.07. Trading volume was 1.63 billion shares valued at RM1.09bil. Market breadth was negative with 732 decliners, 117 gainers and 183 counters unchanged.
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