Investors cash out on KLCI rally

TheStar Wed, Mar 13, 2024 01:07pm - 2 months View Original


KUALA LUMPUR: Investors cashed out on gains made earlier in the week to take Malaysia's benchmark index back to last Friday's closing level.

At 12.30pm, the FBM KLCI was down 14.86 points to 1,539.7, erasing the advance made over the last two trading sessions, while lower liners on the market were mostly negative with 476 decliners compared to 409 gainers.

The trading volume was 2.37 billion shares valued at RM1.19bil.

Analysts had expected the FBM KLCI to remain on an upward trend after registering four straight days of gains.

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