KLK, PChem wipe out 5pts from KLCI


At Bursa, KL Kepong continued to be battered, sending the shares down to a January 2016 low after a foreign fund sold the 31.639 million shares for RM664.42mil or RM21 each.

KUALA LUMPUR: Kuala Lumpur Kepong and Petronas Chemicals wiped out more than five points from the FBM KLCI on Friday and sent the index to another fresh four-year closing low.

At 5pm, the KLCI was down 6.45 points or 0.41% to 1,557.67 and year-to-date, it is down 7.86%. Turnover was 2.05 billion shares valued at RM1.60bil. The broader market was mixed with 404 gainers, 409 losers and 390 counters unchanged.

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KL Kepong , selling , weak data

   

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