KLCI cracks below key 1,650 level as banks sold

Will Maybank follow suit to raise its base rates?

Among the consumer stocks. BAT fell the most, down RM1.06 to RM49.50 while F&N was down 24 sen to RM26.10.

US light crude oil rose 30 cents to US$39.81 and Brent added 31 cents to US$42.11. Petronas Dagangan added six sen to RM23.34 but Petronas Gas lost two sen to RM22.08 and Petronas Chemicals shed five sen to RM6.54. SK Petro was flat at RM1.40.