KLCI slips into sea of red as global markets retreat

  • Markets
  • Thursday, 16 Aug 2018

KUALA LUMPUR: Asian markets was a sea of red in the morning session despite paring gains after China announced that it would be holding talks with Washington in late August at the White House's invitation.

The FBM KLCI remained negative after having a low of 1,773.74 in the mid-morning session. At 12.30pm, the index was trading 8.26 points lower at 1,777.68. Trading volume was 1.25 billion shares valued at RM885.38mil. Decliners outpaced advancers 525 to 253, and 371 counters were unchanged.