KLCI regains footing after early morning retreat

  • Markets
  • Thursday, 1 Mar 2018

KUALA LUMPUR: The FBM KLCI returned to positive territory by midday, partially retracing losses seen in its previous session following a global retreat from equities on the back of US Fed hike fears.

At 12.30pm, the 30-stock index rose 3.22 points to 1.859.42 points. Turnover 1.84 billion shares worth RM1.06bil. THe market breadth was negative with decliners outpacing gainers 611 to 273 while 362 counters were unchanged.