Profit-taking drags FBM KLCI into the red at midday


KUALA LUMPUR: The FBM KLCI turned lower at midday, reversing recent gains as profit-taking activity emerged following yesterday's strong run-up.

At lunch break, the benchmark FBM KLCI fell 3.55 points, or 0.22%, to 1,578.84, rebounding from an intramorning low of 1,573.44.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
KLCI , Bursa Malaysia , FBM KLCI ,

Next In Business News

Gold steadies as Fed independence concerns offset easing geopolitical woes
Oil slips as investors assess supply outlook, US stock build
AirAsia X targets up to US$600mil debt restructuring after combining airlines
Telenor sells its stake in Thailand's True Corporation for US$3.9bil
Societe Generale to cut 1,800 jobs in France
Bank Negara’s international reserves climb slightly to US$125.6bil
Bank Negara leaves OPR steady at 2.75%, as widely expected
Ringgit trading signals growing global confidence in Malaysia
Chipmakers driving AI boom
Nationgate says IRB investigation completed, records in order

Others Also Read