THE FBM KLCI extended its decline for a second consecutive day, as investor sentiment remained pressured by rising external risks, particularly weak economic growth in China and stronger-than-expected US economic data.
At 5pm, the FTSE Bursa Malaysia KLCI (FBM KLCI) fell 14.02 points, or 0.86%, to 1,600.81 from Wednesday’s close of 1,614.83.
The index opened 3.34 points firmer at 1,618.17 and moved between 1,600.75 and 1,618.17 throughout the day.
Decliners trounced advancers 900 to 231 on the broader market, while 454 counters were unchanged, 785 untraded, and 10 others suspended. – Jan 9, 2025
