KUALA LUMPUR: Investors’ hopes for the FBM KLCI to close at the crucial 1,400 level on Thursday evaporated due to late fund selling of selected index-linked stocks though the broader market was firmer.
At 5pm, the KLCI was down 1.26 points or 0.09% to 1,386.53, off the intra-day high of 1,398.53. Turnover was 4.83 billion shares valued at RM2.66bil. Advancers beat decliners 624 to 253 while 381 counters were unchanged.
MAHB was the top loser among the KLCI stocks, falling 16 sen to RM5.03, erasing its previous day’s gains. Hap Seng Consolidated lost 11 sen to RM7.15.
Property company Rapid Synergy was the top loser of the day, down 25 sen to RM5.83.
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