KUALA LUMPUR: The FBM KLCI started positively this morning but could not sustain its momentum due to profit-taking.
The benchmark index eased 3.86 points, or 0.24% to 1,625.96 after reaching a 3-year high yesterday.
Market breadth turned negative as losers overpowered the gainers on a ratio of 795-to-413 stocks. Traded volumes stood at 4.66 billion shares worth RM3.52bil.
Dealers said the local bourse which tracked the broad performance of key Asian markets, was weighed down by banking and telecommunication stocks.
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