KUALA LUMPUR: Malaysia's blue chips closed lower on Monday, with Genting Bhd
, UMW and BAT among the biggest losers among the FBM KLCI stocks, while as volume thinned ahead of the year-end holidays.
Investors were quick to take profit after last week's rally, where foreign investors turned net buyers of Malaysia equities, accumulating RM678.7mil of equities, after three consecutive weeks of selling, according to MIDF Equities Research.
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