KUALA LUMPUR: The FBM KLCI ended in negative territory on Friday despite the broader-market breadth indicating most stocks are gaining ground.
The benchmark FBM KLCI closed at 1,481.80, down 0.65% or 9.71 points, taking its full-week drop to 0.32%, or 4.74 points.
Broader market sentiment was positive, with 541 losers outpacing 406 gainers and 416 counters which traded unchanged. Turnover was at 3.35 billion shares valued at RM2.28bil.
Investors are awaiting for Prime Minister Datuk Seri Anwar Ibrahim to announce his Cabinet line-up at 5pm. He presented the proposed Cabinet list to the Yang di-Pertuan Agong on Friday morning.
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