KUALA LUMPUR: Bursa Malaysia recouped at a very last minute on Monday's close attributed to bargain hunting at the trading final minutes.
The key index went up by 0.09 points to 1,455.04 marking its highest level, after trading mostly in the negative territory with the lowest level reached at 1,451.02.
On the broader market, losers outnumbered losers 609 to 295, with 445 counters remaining unchanged.
While, FBM100 went up 0.660 to 10,402.64, FBMEMAS down by 3.090 to 10,723.83, FBMHIJRA rose by 11.060 to 11,608.53 and FBMACE down to 27.760 to 5,161.07.
Rakuten Trade Sdn Bhd equity research vice president Thong Pak Leng said regional stocks indices also closed with mixed results ahead of the upcoming release of the US Consumer Price Index (CPI) for August on Wednesday and Retail Sales data on Thursday.
"While China's equities exhibited positivity with signs of deflationary pressure easing, the Hang Seng Index in Hong Kong experienced losses, primarily attributed to investor unease about the property sector crisis," he said.
On the local front, he said the investors refrained from making any move due to the lack of attractive buying incentives due to the persistent jittery market sentiment triggered by the heightened global market risks.
The jittery sentiment was also accompanied by market volatility even though bargain hunting may emerge due to cheap valuations of the benchmark.
