KUALA LUMPUR: Banks dragged the FBM KLCI deeper into the red at the close of trade on Wednesday on concerns about the slowing economic growth and a possible rate cut.
At 5pm, the KLCI was down 8.54 points or 0.55% to 1,542.94. Turnover was 2.81 billion shares valued at RM2.77bil. Advancers led decliners 419 to 405 and 417 counters unchanged.
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