KLCI closes at day's low, banks weigh

Of the 30 stocks in the KLCI, only Telekom was in the positive zone, reflecting the lack of buying support for the big capitalised stocks.

KUALA LUMPUR: The FBM KLCI closed at the day's low on Wednesday, weighed down losses in banks and gloves as buying sentiment remained weak due to the rising Covid-19 numbers and also tracking the downbeat key Asian markets.

The KLCI closed down 12.58 points or 0.79% to 1,575.67. Turnover was 7.36 billion shares valued at RM4.23bil. Decliners beat advancers eight to three or 811 losers to 299 gainers and 416 counters were unchanged.