Top Glove, banks drag KLCI into the red


Top Glove lost 64 sen to RM7.79 and wiped out eight points from the KLCI.

KUALA LUMPUR: Top Glove and banks dragged the FBM KLCI deeper into the red at the close on Thursday, in line with the weaker key Asian markets as hopes for a US stimulus programme faded after the US Federal Reserve meeting.

At 5pm, the KLCI was down 18.2 points or 1.19% to 1,513.07. Turnover was 7.52 billion shares valued at RM6.20bil. Decliners beat advancers nearly two to one or 768 losers to 376 gainers and 369 counters unchanged.

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