REVIEW: The local stock market came under selling pressure over the week amid a lack of catalysts and persistent worries over the state of the US and the troubled 17-nation eurozone economies.
The benchmark FBM Kuala Lumpur Composite Index (FBM KLCI) extended its losses as the week began, losing 5.97 points to settle at 1,623.31 on Monday. Shares on Bursa Malaysia bucked regional trend that saw Asian shares staging a rebound on hopes that the US policymakers would reach a deal to avert a fiscal cliff.
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