KLCI falls for fifth day, down nearly 18pts

KUALA LUMPUR: Blue chips extended their losing streak for the fifth day on Thursday, tracking the decline in key regional markets especially Japan when the central bank held off expanding its  monetary surplus. Foreign funds continued to be net sellers for the third day.

Despite the decline in the equities market, the ringgit held firm as the new Bank Negara Malaysia Governor Datuk Muhammad Ibrahim was expected to ensure the continuity of Tan Sri Dr Zeti Akhtar Aziz who retires on April 30 after her 16-year tenure.