One analyst notes that local blue-chip stocks have been overdue for a correction, hence the underperformance.
The past one month has been a lacklustre month for local blue-chip stocks as investors take profit.
Since August, the benchmark FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) has shed almost 6%.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
