The FBM KLCI recovered some losses but remained under selling pressure, reflecting the weaker sentiment seen across most regional markets. The index slipped 3.21 points, or 0.2%, to 1,577.67. Foreign investors continued to sell local stocks, disposing of RM180mil worth of equities. Stocks that fell outnumbered those that rose 644 to 347, with another 525 counters unchanged.
KUALA LUMPUR: The FBM KLCI recovered some of its losses but remained under selling pressure, reflecting the weaker sentiment seen across most regional markets .
The 30-stock index slipped 3.21 points, or 0.2%, to 1,577.67. The index earlier slipped to its intra-morning low of 1,572.51. Stocks that fell outnumbered those that rose 644 to 347, with another 525 counters unchanged. A total of 3.15 billion shares changed hands, worth RM2.44bil. Data from Bursa Malaysia showed that foreign investors continued to sell local stocks on Wednesday, disposing of RM180mil worth of equities.Among the biggest decliners of the day were United Plantations, which lost 66 sen to RM31.24, PETRONAS Dagangan, which fell 64 sen to RM19.26, Kotra, which dropped 30 sen to RM4.20, and Nestle, which slid 26 sen to RM89.74.ES Sunlogy, which debuted on the ACE Market today, closed flat at 30 sen with 143.61 million shares traded.
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