How low can the market go?

Strategists say there could be more downside to the FBM KLCI

OVER the past one year, the FTSE Bursa Malaysia KLCI Index (FBM KLCI) and the domestic market have been taking hits from numerous angles. Concerns over the drop in the price of commodities and politics, together with the imminent increase of rates by the US Federal Rerserve, have battered the market and the ringgit.