KUALA LUMPUR: The FBM KLCI was down 0.73% at the break on Monday after initially gaining more than 6 points in early morning trade, as a resurgent dollar, Wall Street’s flat performance on Friday, falling oil prices, and concerns over the Malaysian economy weighed on the market.
The ringgit, which broke through the RM3.50 mark on Friday, slid further and is currently trading at RM3.539 to the greenback.
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