THE local stock market headed lower in tandem with the regional downtrend yesterday in the absence of fresh leads to spur buying interest. The KL Composite Index (KLCI) fell nearly 11 points to a day's low of 841 before recovering some ground towards the end of the trading day to finish at 845, down 6.8 points or 0.8% from Tuesday's close.
Dealers said foreign funds had turned net sellers in the past few trading days. But yesterday's selling pressure was more pronounced due to an absence of strong buying interest, particularly in blue chips.
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