KUALA LUMPUR: Profit taking of Petronas-linked stocks weighed on the FBM KLCI on Friday as the 30-stock index ended flat as fund buying was seen in banks and Genting Bhd
but the ringgit firmed against the US dollar.
At 5pm, the KLCI was up 0.48 points or 0.03% to 1,775.87. Turnover was relatively modest with 2.7 billion shares done valued at RM2.17bil. There were 424 gainers, 516 losers and 369 counters unchanged.
Stock market data showed local institutions were net sellers at RM126mil and retail investors at RM2.3mil but foreign funds were net buyers at RM128.3mil.
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