KLCI again seen nearing critical 1,700, AirAsia in focus

KUALA LUMPUR: Malaysia’s stock market came under continued selling pressure early Wednesday on foreign selling as the FBM KLCI was seen  nearing the critical 1,700 support level while AirAsia and its affiliate AirAsia X were among the actively traded stocks.

At 9.28am, the KLCI was down 10.82 points or 0.63% to 1,701.48. Turnover was 214.83 million shares valued at RM117.15mil. Losers beat gainers 253 to 92.