FBM KLCI pares losses as traders stay hopeful for oil disruption to ease

KUALA LUMPUR: The FBM KLCI pared losses as traders opted to move cautiously ahead of potential developments that could see the resumption of oil supply coming through the Strait of Hormuz.

Malaysia's benchmark stock index was down 1.78 points to 1,697.07 as traders stayed within range of the 1,700 psychological level.