Market breadth was overwhelmingly negative to the tune of 727 to 170, with 330 counters unchanged. Out of the 100 FBM KLCI stocks, only four headed north.
PETALING JAYA: The FBM KLCI failed to continue its uptrend seen in the past few trading days, with the US equities inching closer into a bear market and the Brent crude oil dipping below US$50 per barrel for the first time since July 2017.
Joining the retreat of regional bourses, the 30-stock FBM KLCI dropped to an intra-day low of 1,660.80 and shaved off over 20 points before mid-day yesterday.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!
