KLCI lower in early trade but losses seen temporary

KUALA LUMPUR: The FBM KLCI opened lower in early Tuesday trade on mild selling of key stocks but the broader market was firmer with advancing stocks beating decliners three to one as analysts expect market sentiment to firm up.

At 9.01am, the KLCI was down 1.04 points to 1,814.12. Turnover was 31.12 million shares valued at RM11.29mil. There were 125 gainers, 44 losers and 103 counters unchanged.