Investors exiting equities on weak global factory data (Update)


KUALA LUMPUR: Weak global manufacturing data saw investors reducing their holdings of riskier assets including equities, with Malaysia’s blue chips continuing to lose ground.

At 12.30pm, the FBM KLCI was down 2.38 points or 0.13% to 1,842.94. Turnover was 978.62 million shares valued at RM679.13mil. Declining stocks beat advancers more than three to one, with 560 losers to 173 gainers and 263 stocks unchanged.

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