KLCI remains in negative territory - News Summed Up

KLCI remains in negative territory


KUALA LUMPUR (Sept 13): The FBMKLCI continued to trade in negative territory in the mid-morning, ahead of the holiday-shortened week. The local bourse was closed yesterday (Sept 12) for Hari Raya Haji and will be closed this Friday (Sept 16) for the Malaysia Day holiday. At 10.36 a.m., the key index fell 7.33 points or 0.43% to 1,679.11 points. The dollar, on the other hand, nursed loses against its peers, after Brainard reiterated her dovish views, the report added. "In spite of wild swings in global markets and potential KLCI consolidation this week, we still believe downside risks will be well supported," the research outfit said.


Source: The Edge Markets September 13, 2016 03:11 UTC



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