Top view of Bursa Malaysia building. Stock market. FBM KLCI. Stock trading. (File photo taken in August 2013 from Level 16, Menara Olympia)
PETALING JAYA: The local bourse kicked off the new year on a weaker note, dragged down by steep declines among blue-chip stocks with some investors booking quick profits following a sharp run-up towards the end of 2013.
Regional markets were mixed on the first trading day of the year. Thailand’s SET Index dived 5.2% yesterday to 1,230.77 points on domestic political worries, but stocks were higher by 1.2% in Indonesia and little changed in Hong Kong.
