For the month, the FBM KLCI is down 3.18% and year-to-date, it is down 8.02%.
KUALA LUMPUR: Malaysian equities and key Asian markets fell at midday on Monday with China the worst hit as investors await details on the Trump Administration's trade policies.
Maybank and CIMB were among the biggest decliners among the KLCI stocks while the ringgit lost ground against the US dollar.
At 12.30pm, the KLCI was down 5.72 points or 0.34% to 1,666.78. Turnover was 1.01 billion shares valued at RM584.86mil. Decliners beat advancers more than two to one or 462 losers to 199 gainers and 311 counters were unchanged.
Reuters reported Japan's Nikkei share average slipped on Monday as investors locked in gains, bracing for more detail on the Trump Administration's trade policies, with steelmakers and shippers leading the losses.
The ringgit fell against the US dollar to 4.4670 from 4.4630 but it rose against the pound sterling to 5.3759 from 5.4400 and firmed against the Singapore dolalr to 3.1234 from 3.1260. It recovered against the Euro to 4.7381 from 4.7460.
Britain's decision to leave the European Union would have a bigger effect on the United Kingdom than the rest of Europe, as political and economic uncertainties grow around the world, the head of the euro zone bailout fund said on Monday, according to a Bloomberg report.
At Bursa, Maybank fell 12 sen to RM8.20 and erased more than two points from the KLCI while CIMB lost eight sen to RM4.76 and Public Bank gave up six sen to RM20.02. Hong Leong Bank rose two sen to RM13.20 and RHB Bank seven sen to RM4.94.
Insurer LPI lost 14 sen to RM16.76 but MBSB added three sen to RM1.08.
Only World Group fell 18 sen to RM2.11 with 4.74 million shares done after it announced that 14 outlets in First World Hotel, Genting Highlands would be temporarily closed from Feb 12 .
Crude palm oil for third month delivery rose RM11 to RM3,090 per tonne due to stronger export demand and weaker ringgit. IOI Corp edged up one sen to RM4.50 but Sime Darby fell five sen to RM8.47, Kuala Lumpur Kepong and PPB Group were eight sen lower at RM24.12 and RM16.22.
US light crude oil rose 19 cents to US$52.56 and Brent 20 sen up at US$55.65. Petronas Gas fell 22 sen to RM20.58 and Petronas Chemicals five sen lower at RM7.14 while Petronas Dagangan added two sen to RM23.80.
Genting Bhd
added 13 sen to RM8.39 but Genting Malaysia fell four sen to RM4.75, Tenaga shed two sen to RM13.92 and Westports eight sen lower at RM4.22.
As for telcos, Axiata, Maxis and Telekom were unchanged at RM4.72, RM6.16 and RM6.03 rspectively while Digi shed one sen to RM4.90.
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