#klci
Bursa Malaysia extended its losses midday on continued selling pressure in selected key heavyweights, dealers said.
At 12.30 pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) stood at 2.54 points weaker at 1,636.55, after moving between 1,630.34 and 1,636.55, throughout the morning trading session.
The index opened 6.06 points easier at 1,631.73 from Friday's close of 1,637.79.
Losers outpaced gainers 314 to 269 while 285 counters were unchanged, 852 untraded and 24 others were suspended.
Turnover stood at 689.26 million shares worth RM508.71 million.
A dealer said the local bourse remained vulnerable due to the outflow of foreign funds following the rise in the US interest rates and the strengthening greemback versus the ringgit.
"The downtrend was also in line with most regional peers," said the dealer.
Of heavyweights, Maybank eased three sen to RM7.91, TNB fell six sen to RM13.70, Public Bank lost 10 sen to RM19.70 and Maxis Bhd dipped five sen to RM5.95.
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