PETALING JAYA: The Malaysian stock market lost its momentum, along with other regional markets, as hopes for a quick solution to the eurozone debt crisis were doused and signs were clear that China's robust growth was moderating.
The benchmark FTSE Bursa Malaysia KL Composite Index (FBM KLCI) lost 25.41 points, or 1.73%, to close at 1,439.94 yesterday. Trading volume was moderate, with 1.34 million shares worth RM1.37bil changing hands.
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