Maybank and Hong Leong lead KLCI lower at midday


KUALA LUMPUR: The KLCI lost five points at midday on Wednesday with Maybank and Hong Leong leading the market lower, following the negative cue from Wall Street where the Dow plunged 1.7% overnight and investors awaited the Fed’s FOMC meeting to see if rates would be hiked.

At 12.30pm, the FBM KLCI was down 5.03 points, or 0.28%, to 1,798.14.

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