Bursa Malaysia slumps as over 1,000 counters drop

KUALA LUMPUR: Bursa Malaysia plunged further into the red as over 1,000 counters sank amid weak buying interest, with most investors staying on the sidelines.

The FBM KLCI ended 12.12 points, or 0.75% lower at 1,612.13, with 21 of the component stocks ending lower. The index hit an intra-morning low of 1,609.65.