Stocks on Bursa Malaysia closed lower yesterday for a second day after Monday’s selloff, in tandem with regional peers, triggering talks of an overdone selloff in risk assets after Greece’s rejection of austerity. The FBM KLCI ended yesterday at 1,712.3, down 4.75 points, or 0.28%, after moving between 1,708.64 and 1,718.03 throughout the day. Losers thumped gainers by 465 to 315 with 300 counters unchanged. Total volume rose to 1.69 billion units valued at RM1.72 billion from 1.54 billion units valued at RM1.41 billion on Monday.
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