KLCI extends losses on US govt shutdown


KUALA LUMPUR: The FBM KLCI caved in to selling pressure at midday on Tuesday on the lack of follow-though buying support from funds as investors worried about the impending announcement of the US government shutdown.

At 12.30pm, the KLCI fell 2.23 points to 1,766.39. Turnover was 846.24 million valued at RM689.7mil. There were 238 gainers, 354 decliners and 294 counters unchanged.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Asia stocks rally on renewed global rate cut optimism
IPI up 2.4% in March 2024 but below forecast
Malaysia end-April palm oil stocks rise 1.85%, MPOB says
FBM KLCI nearly flat at midday
UOB Malaysia's FY23 operating income hits record RM4.6bil, pretax profit RM1.9bil
Bursa Malaysia all-time high indicates Madani framework is building investor confidence
OCBC posts record Q1 profit, makes US$1bil bid to take Great Eastern private
Amazon’s new fees on sellers likened to ‘kick in the gut’
Mr D.I.Y earnings in line with expectations
Annum falls under PN17

Others Also Read