FBM KLCI erases earlier gains as profit-taking continues

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FBM KLCI erases earlier gains as profit-taking continues
Bursa MalaysiaFBM KLCIEquities
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A letter from YS CHAN, Kuala Lumpur

KUALA LUMPUR: Malaysia's main stock index succumbed to selling pressure in the early session, affirming the consolidation that has taken root in the local market.

The market breadth was nearly even with 445 gainers compared to 435 decliners, after 1.59 billion shares changed hands for RM1.1bil.Dutch LadyOf actives, Top Glove rose four sen to RM1.37, Supermax jumped four sen to RM1.07 and JCY added 0.5 sen to 48.5 sen.

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