KUALA LUMPUR: Blue chips eked out slight gains towards the close of trade on Monday, boosted by some late fund buying of selected stocks including CIMB and Maybank but the advance was held back by selling pressure on Genting Malaysia.
At 5pm, the KLCI was up just 0.32 point or 0.02% to 1,769.49. Turnover was 1.78 billion shares valued at RM1.65bil. The broader market was weaker with decliners beating advancers two to one or 557 losers to 278 gainers while 369 counters were unchanged.
Retail investors were net buyers on Monday at RM13.12mil and foreign funds at just RM7.11mil but local institutions were net sellersat -R