Bursa extends losses but at slower pace as political uncertainties weigh

At Bursa on Monday amid the selldown by funds, retail investors saw a chance to pick up battered down stocks. Retail investors were net buyers at RM237.8mil but local institutions were net sellers at RM163.4mil and foreign funds RM74.3mil.

KUALA LUMPUR: Bursa Malaysia extended its losses early Tuesday as political uncertainties and implementation of policies to battle the Covid-19 coronavirus were still cloudy but the selldown could provide some buying opportunities for the brave hearted investors.

At 9.04am, the KLCI was down 5.68 points or 0.38% to 1,484.38. Turnover was 144.42 million shares valued at RM83mil. There were 53 gainers, 396 losers and 136 counters unchanged.