KLCI skids nearly 17 points on China worries


KUALA LUMPUR: Blue chips fell sharply in early Monday trade, with the FBM KLCI down nearly 17 points in line with the key regional markets, on domestic issues, a possible slowdown in China and the US rate hike worries.

At 9.06am, the KLCI was down 16.97 points or 1.01% to 1,665.68. Turnover was 73.40 million shares valued at RM32.94mil. Losers beat gainers 200 to 55.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
   

Next In Business News

Foreign funds record RM165.3mil weekly net sale of Malaysian equities
FBM KLCI rises as reporting period in full swing
Ringgit opens higher against greenback as DXY retreats
Trading ideas: SkyWorld, Icon, Top Glove, Chin Hin, PIC, Solarvest, Lagenda, MNRB, Affin, Allianz
Dicey days for chip makers
Google, Microsoft hail country’s AI approach
Step back and watch
Bull waits for liquidity to return
CPO futures set to trade with bullish bias this week
Sarawak targets more floating solar for its hydroelectric dams

Others Also Read