Banks lead FBM KLCI lower amid weak market sentiment


KUALA LUMPUR: The FBM KLCI remained in the red at midday as bank counters continued to lead the market lower amid weak investor sentiment as anxieties grow over the US Federal Reserve's interest rate hike and asset tapering plans.

Exacerbating the uncertainty was worries that Russia was planning an invasion of Ukraine after the former's military was seen gathering at the border.

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Bursa Malaysia , FBM KLCI , equities

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