KUALA LUMPUR: The FBM KLCI hastened its decline headed into midday as the blue-chip counters fell in unison on the Budget 2022 proposal of a one-off special tax on high-income companies.
At 12.30pm, the key index had plunged 32.96 points to 1,529.35, just slightly off its day's low of 1,527.73. The market breadth remained overwhelmingly negative with 725 decliners versus 100 gainers.
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