KLCI inches higher but caution prevails after heavy selling


Market open

KUALA LUMPUR: Blue chips eked out slight gains early Wednesday after the selloff the previous day but investors would remain cautious due to the continuous attrition with the market moving one step forward and retreating two steps.

At 9.23am, the FBM KLCI was up 3.34 points or 0.21% to 1,594.86 after falling 20 points on Tuesday. Turnover was 284.91 million shares valued at RM88.71mil. There were 157 gainers, 133 losers and 200 counters unchanged.

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