KUALA LUMPUR: With the government set to place several parts of the Klang Valley under the enhanced movement control order (EMCO) to rein in the Covid-19 pandemic, most investors continued to stay cautious due to the ensuing economic fallout.
However, it was not all doom and gloom with tech-related stocks rallying on positive outlook while some other attracted speculative buying.
Genetec hit limit-up, with Hightec riding on the coattails. Following suit was SKB Shutters
in the absence of strong positive news.
At 5pm, the FBM KLCI was down by 0.88 of a point to 0.06% to 1, 533.35 – a near record low for this year. The 30-stock index closed down at 1, 532.63 on Wednesday.
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