Profit taking on Petronas stocks weigh on KLCI


KUALA LUMPUR: Funds stepped up their profit taking on Petronas-related stocks on Wednesday and would have pushed the FBM KLCI further into the red if not for some buying support for Genting Bhd.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Kering says profit likely to tumble
LME takes aim at traders’ Russian metal games with new rules
Helping more city-state F&B businesses to expand overseas
Funds raised by Singapore’s tech startups up 59% in 2023
UK firms told to ‘urgently review’ green claims
Scrap processing makes many villagers richer
Enphase sees soft solar market rebounding despite weak sales
Businesses concerned about rising forex woes
Gold prices surge to new all-time highs
New Zealand 1Q imports fall amid sluggish economy

Others Also Read