Key Asian markets fell in early Monday trade with the FBM KLCI down more than 18 points on worries about an interest rate hike by the US Federal Reserve.
At 9.25am, the KLCI was down 18.38 points or 1.17% to 1,570.78. Turnover was 225.03 million shares valued at RM114.49mil. There were 98 gainers, 238 losers and 135 counters unchanged.
BIMB Securities Research said foreign funds continued to sell down their stakes in Malaysian equities in the week ended Sept 4 with net selling at -RM631.5mil while they were also net sellers at -RM209.2mil last Friday itself.
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At 9.25am, the KLCI was down 18.38 points or 1.17% to 1,570.78. Turnover was 225.03 million shares valued at RM114.49mil. There were 98 gainers, 238 losers and 135 counters unchanged.
BIMB Securities Research said foreign funds continued to sell down their stakes in Malaysian equities in the week ended Sept 4 with net selling at -RM631.5mil while they were also net sellers at -RM209.2mil last Friday itself.
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