KUALA LUMPUR: Blue chips fell for the sixth straight day early Friday on negative external news, tracking the key regional markets, with power giant Tenaga Nasional weighing on the FBM KLCI while tech company Globetronics continued to come under selling pressure.
Maybank Investment Bank Research recommended a “Sell on Rallies” strategy for Friday. The May 2016 KLCI Futures is at a massive 12.26-point discount against the FBM KLCI, it said.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
