KUALA LUMPUR: The domestic market dove nearly 22 points ahead of the US Federal Reserve Open Market Committee (FOMC) meeting scheduled for later this evening a investors braced for more aggressive rate hikes.
At 12.30pm, the FBM KLCI was down 21.99 points to 1,459.29, which takes the index to a fresh recent low. The number of negative counters on the market outweighed the positive 658 to 206.
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