KLCI gives up half of Friday’s gains, Asean markets skid

KUALA LUMPUR: Bursa Malaysia joined Asian markets to close sharply in the red on Monday as investors were gripped in fear over the Covid-19 coronavirus as more countries decided to impose lockdowns.

At 5pm, the FBM KLCI was down 43.4 points or 3.33% to 1,259.88. This meant the KLCI gave up half of the over 80 points gained last Friday. Turnover was 2.80 billion shares valued at RM2.32bil. There were 161 gainers, 771 losers and 218 counters unchanged.