At 5pm, the FBM KLCI was down 10.18 points or 0.65% to 1,566.72. Turnover was 7.78 billion shares valued at RM4.93bil. Decliners led advancers about three to two or 648 losers to 428 while 415 counters unchanged.
In the statement, Bank Negara said following the gradual and progressive re-opening of the economy since early May, economic activities have begun to recover from the"trough in the second quarter". US light crude oil fell nearly 1% or 39 cents to US$40.24 and Brent was down 0.74% or 32 cents to US$42.78.
Among the banks, Hong Leong Bank lost nine sen to RM14.46, CIMB was unchanged at RM3.70, Maybank shed one sen to RM7.82 but Public Bank bucked the trend to climb six sen top RM17.40. Crude palm oil for third month delivery fell RM18 to RM2,373 per tonne. IOI Corp nine sen lower at RM4.41, KL Kepong four sen to RM22.60, PPB Group 12 sen to RM17.80 and Sime Plantation one sen to RM4.96.US spot gold fell US$7.81 to US$1776.87 per troy ounce.
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