KLCI drops to key 1,600 on Public Bank, HL Bank losses

KUALA LUMPUR: Key Asian markets fell early Tuesday as worries about the worsening US-China trade war and the fallout on economies while at Bursa Malaysia, profit taking on Public Bank and Hong Leong Bank weighed on the FBM KLCI.

At 9.17am, the KLCI was down 14.66 points or 0.91% to 1,600.39. Turnover was 227.77 million shares valued at RM126.37mil. Decliners hammered advancers more than five to one or 333 losers to 62 gainers while 176 counters were unchanged.