KLCI stages relief rebound after foreign fund selldown

KUALA LUMPUR: The Malaysian stock market staged a relief rebound early Wednesday after the recent battering following the selldown by foreign funds which saw the FBM KLCI falling the previous day to its lowest since March 2013.

At 9.35am, the FBM KLCI rebounded 14.15 points or 0.85% to 1,688.09. Turnover was 284.17 million shares valued at RM154.88mil. There were 308 gainers, 147 losers and 179 counters unchanged.