KLCI closes shade higher but broader market weak

KUALA LUMPUR: Banks, Hartalega and Petronas-linked stocks enabled the FBM KLCI to close a shade higher on Monday in very volatile trade but the broader market weakened with over 1,000 counters in the red.

At 5pm, the KLCI was up 0.94 of a point or 0.06% to 1,583.46. Turnover was 6.60 billion shares valued at RM3.80bil. Decliners hammered advancers more than five to one or 1,061 losers to 195 gainers and 301 counters unchanged.