FBM KLCI continues downtrend

"We expect the FBM KLCI to trend higher within the 1,435 to 1,440 range for the remaining week, with immediate resistance at 1,440 and support at 1,410," said Rakuten Trade's Thong.

KUALA LUMPUR: The FBM KLCI extended its decline for a second day, dragged down by selling mainly in banking stocks in tandem with the weak regional performance.

At 5pm yesterday, the market bellwether eased by 6.95 points or 0.48% to 1,425.68 from Tuesday’s close of 1,432.63.