KUALA LUMPUR: Blue chips closed lower on Monday as investors were unfazed by the recent strong economic data, a rally in crude oil prices and a firmer ringgit.
At 5pm, the KLCI was down 0.95 of a point or 0.05% to 1,754.37. Turnover was 3.16 billion shares valued at RM2.27bil. There were 372 gainers, 448 losers and 451 counters unchanged.
Stock market data showed foreign funds were net sellers at -RM15.4mil while retail investors joined in the selling but at a lower volume of -RM3mil only. Local institutions were net buyers at RM18.4mil.