KUALA LUMPUR: Despite opening higher, the FBM KLCI succumbed to mild profit-taking activities as the key index lingered mostly in the negative territory in the afternoon session.
At 5pm, the benchmark index closed 7.64 points, or 0.47% to 1,601.88. The index opened 1.54 points higher at 1,611.06 this morning.
Market breadth turned negative as losers overpowered the gainers on a ratio of 624-to-497 stocks. Traded volumes stood at 6.8 billion shares valued at RM4.82bil.
KLCI-component stocks were mostly in the negative, with 18 decliners, six gainers and the remaining counters closed unchanged.
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