KUALA LUMPUR: The FBM KLCI extened its decline but remained above the 1,600-point psychological level at midday as investor sentiment soured over aggressive US rate hikes.
At 12.30pm, the benchmark index was down 3.28 points to 1.601.33. The overall market saw two decliners to every one gainer, indicating growing negativity among investors.
Already a subscriber? Log in
The Star Festive Promo: Get 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
