FBM KLCI declines on selling pressure in key regional markets

PETALING JAYA: A sell-off in Japan triggered selling pressure in key regional markets and Europe, and sent Malaysia’s FTSE Bursa Malaysia KL Composite Index (FBM KLCI) down as much as 18.26 points to a low of 1,765.62.

However, the local market managed to reduce the losses, reflecting the firmer and resilient investor sentiment, although extended selling pressure in key regional bourses could have an adverse impact.