KUALA LUMPUR: Profit taking saw the FBM KLCI slip below the key 1,800 level at midday on Friday with Westports, the biggest listing by market capitalisation so far this year, on the radar screen of investors.
The port operator's share price lost steam in mid-morning and slipping to RM2.56 – six sen above its IPO price of RM2.50 – before stronger buying orders kicked and saw the share price closing at RM2.66. Turnover was 157.44 million shares, trading between RM2.56 and RM2.71.
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