KLCI erases earlier gains, glove makers extend rally

KUALA LUMPUR: The FBM KLCI erased its gains from the early morning session as investors locked in the profits made on the back of yesterday's better-than-expected GDP result.

The market had risen nearly 14 points in the first half-hour of trade before descending into negative territory. At 12.30pm, the FBM KLCI was 1.61 points lower from the previous day's close at 1,395.52.