Bursa Malaysia succumbs to profit-taking pressure


KUALA LUMPUR: The rally on the FBM KLCI may have hit its peak for now as as investors took cash off the table on Friday amid diminishing hopes for a September rate cut following the release of a US jobless claims report.

At the start of trading, the key index was down 4.22 points to 1,624.96, tracking falls in all three major US stock indices.

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