Cautious start for May as KLCI slips below 1,600


KUALA LUMPUR: Bursa Malaysia started the new month of May on the backfoot as the FBM KLCI fell below the crucial 1,600 level as concerns about tighter restrictions to curb the spread of the Covid-19 pandemic weighed.

At 9.15am, the KLCI was down 3.65 points or 0.23% to 1,598. Turnover was 755.44 million shares valued at RM475.15mil. Decliners beat advancers 463 to 192 while 311 counters were unchanged.

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