REVIEW: A fresh all-time closing highs in overnight Dow the previous Friday, combined with the release of official data on Sunday, showing Chinese business activity expanded at its fastest pace in five months in May, set the stage for a positive start to the week for stocks at home.
But in stark contrast, Bursa Malaysia kicked off on a soft platform, with the FBM Kuala Lumpur Composite Index (FBM KLCI) dropping 5.58 points to 1,867.80, extending the previous sessions’s declines amid follow-through liquidation pressure.