KLCI in the red as key heavyweights weigh

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KUALA LUMPUR: Bursa Malaysia saw a follow through selling pressure on Friday, pushing the benchmark index lower.

The FBM KLCI closed down 6.75 points, or 0.43% to 1,548.51. For the week, the benchmark index fell 1.74%.

Dealers said market sentiment was still affected by the heavy sell-off early this week and buying interest today’s was interspersed with profit-taking. Kuala Lumpur Kepong fell 26 sen to RM20.24, IOI Corp declined 14 sen to RM3.77 and Top Glove gave up 14 sen to RM3.06.

 

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