KUALA LUMPUR, March 30 (Bernama) -- Bursa Malaysia’s benchmark index closed lower today, in line with most regional markets, as investors adjusted their risk exposure amid spiralling oil prices driven by the ongoing West Asia conflict, now in its second month. At 5 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) retreated by 24.75 points or 1.44 per cent to 1,687.90 from Friday’s close of 1,712.65. The market bellwether opened 10.57 points weaker at 1,702.08 and fluctuated between 1,682.79 and 1,702.38. The broader market was bearish, with decliners thumping advancers 956 to 371. A total of 373 counters were unchanged, 1,042 untraded and 134 suspended. Turnover expanded to 3.98 billion units worth RM4.85 billion from last Friday’s 2.97 billion units worth RM3.25 billion.
The FBM KLCI index lost 3.99 points or 0.24% on Monday. The Finance Index fell 0.24% to 14253.87 points, the Properties Index up 0.07% to 1136.91 points and the Plantation Index down 0.18% to 7704.28 points. The market traded within a range of 6.44 points between an intra-day high of 1631.41 and a low of 1624.97 during the session.
Actively traded stocks include HIBISCS, GADANG-WB, HSI-H63, REACH-WA, APFT, RGB, TRIVE, ASIABIO, AIRASIA and KNM. Trading volume decreased to 1139.64 mil shares worth RM1352.42 mil as compared to Friday’s 1284.49 mil shares worth RM1455.25 mil.
Leading Movers were BAT (+84 sen to RM45.30), HAPSENG (+13 sen to RM7.95), HLBANK (+10 sen to RM13.42), AXIATA (+3 sen to RM4.28) and MAXIS (+4 sen to RM6.00). Lagging Movers were GENM (-10 sen to RM4.60), PPB (-34 sen to RM15.66), GENTING (-15 sen to RM7.91), MISC (-7 sen to RM7.18) and CIMB (-4 sen to RM4.63). Market breadth was negative with 297 gainers as compared to 440 losers.
The KLCI was down and closed at 1624.97 points amid overnight mixed performance in US. Market sentiment remained subdued as ringgit continues to slide.

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