KLCI falls 9.3 points as global markets brace for possible Brexit and Fed meeting

KUALA LUMPUR: The FBM KLCI fell by 9.30 points to 1,631.92 points at the midday close with Asian markets falling steeply on fears of Britain's exit from the European Union as well as the upcoming US Federal Reserve policy meeting this week.

The benchmark index exhibited high volatility today and had earlier fallen to an intraday low of 1,622.88. It subsequently pared the losses during the morning session as buying liquidity among the blue chips returned.