FBM KLCI remains on a slide while region picks up on China's easing lockdown

TheStar Mon, Dec 05, 2022 12:42pm - 1 year View Original


KUALA LUMPUR: The FBM KLC remained in the red even as the regional sentiment improved on hopes China will ease up on its lockdown measures to spur economic growth.

Ar 12.30pm, Malaysia's key index was down 9.21 points to 1,472.59 as foreign investors have been cashing in the post=GE 15 rally that saw the appointment of the country's new Prime Minister.

The overall market was positive with 457 gainers compared with 425 decliners, indicating that buying has turned towards the lower liners.

Trading volume was 2.31 billion shares valued at RM987.72mil.

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