KLCI ends in the red as BAT, HL Bank and Genting sold

For the month, the FBM KLCI is down 3.18% and year-to-date, it is down 8.02%.

KUALA LUMPUR: Blue chips capped a volatile Friday on a downbeat note on selling of BAT, Hong Leong Bank and Genting Bhd due to the absence of strong follow-through buying from foreign funds while crude oil prices slipped.

At 5pm, the KLCI was down 5.26 points or 0.31% to 1,672.50 snapping three days of gains, of which two days were supported by foreign buying. The index rose to an intra-day high of 1,679 but was unable to penetrate the 1,680 overhead resistance level and this saw it losing ground thereafter.