KUALA LUMPUR: The FBM KLCI closed the first half of 2023 on a disappointing note as selling pressure picked up the pace.
The 30-stock index closed down 11.69, or 0.84% at 1,376.68 on the final day of the first half. The benchmark index has so far lost 118.81 points, or 7.9% from 1,495.49 on Dec 30, 2022.
In the broader market, decliners outnumbered gainers 506-to-348; about 2.65 billion shares changed hands valued at RM2.03bil.
In today’s session, 20 of the KLCI-component stocks closed lower while eight counters chalked up gains.
...