FBM KLCI slips further as equities rout continues


KUALA LUMPUR: The FBM KLCI tumbled to its lowest in over two weeks while the broader market was a sea of red as the rout in global equities deepened following a shift in risk sentiment.

As the market entered the lunch break, the blue-chip index was down 5.71 points to 1,536.82, en route to a fourth consecutive day of losses, and slipping below the 50-day simple moving average for the first time in four months.

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