Political woes send KLCI further into the red


KUALA LUMPUR: The ongoing political volatility with Prime Minister Tan Sri Muhyiddin Yassin expected to tender his resignation on Monday pushed the local stock market deeper into the red.

At 9.26am, the FBM KLCI was down 10.64 points or 0.71% to 1,494.47. Turnover was 893.81 million shares valued at RM343.94mil. The broader market was weaker with five decliners to one advancer or 596 losers to 108 gainers and 269 counters unchanged.

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