FBM KLCI retreats amid China property woes

"We anticipate the FBM KLCI to trend within the range of 1,460 to 1,470 towards the weekend,” Rakuten's Thong said.

KUALA LUMPUR: Shares on Bursa Malaysia retreated at the close yesterday on profit-taking after the previous day’s gains as China’s property woes weighed on regional sentiment, with investors also cautious ahead of Malaysia’s third quarter results annoucement today.

At 5pm, the FBM KLCI fell 2.16 points to 1,464.68 from Wednesday’s closing of 1,466.84.