KUALA LUMPUR: Malaysia's blue chips, the ringgit and crude palm oil (CPO) for third month delivery all came under late selling pressure while the FBM KLCI skidded 1.31% as investors reduced their stakes in banks.
At 5pm, the FBM KLCI was down 21.07 points to 1,583.68, making it the worst performer among the key Asian markets. Turnover was 9.53 billion shares valued at RM4.48bil. Decliners beat advancers 730 to 462 while 455 counters were unchanged.
Key Asian markets were mixed on concerns about the rising Covid-19 infections and lockdowns to curb the spread.
Japan's Nikkei 225 fell 0.36%, Hong Kong's Hang Seng Index 0.71%. Taiwan's Taiex 0.37% and Singapore's Straits Times Index 0.3%. However, the Shanghai Composite rose 0.47% and South Korea's Kospi edged up 0.07%.
...