KLCI, ringgit, CPO fall in late selling pressure

KUALA LUMPUR: Malaysia's blue chips, the ringgit and crude palm oil (CPO) for third month delivery all came under late selling pressure while the FBM KLCI skidded 1.31% as investors reduced their stakes in banks.

At 5pm, the FBM KLCI was down 21.07 points to 1,583.68, making it the worst performer among the key Asian markets. Turnover was 9.53 billion shares valued at RM4.48bil. Decliners beat advancers 730 to 462 while 455 counters were unchanged.