The FBM KLCI extended its losses at midday on Friday as investors took profit after a three-day rally, despite the firmer regional equities and the strengthening of the ringgit against the dollar.
At 12.30pm, the KLCI fell 6.25 points to 1,675.29. Turnover was 997.4 million shares valued at RM902.8mil. There were 361 gainers, 308 decliners and 277 counters unchanged.
Reuters reported that Asian shares rose modestly on Friday on relief the Federal Reserve held off on raising interest rates but gains were capped by renewed concerns about the health of the global economy, in particular China.
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At 12.30pm, the KLCI fell 6.25 points to 1,675.29. Turnover was 997.4 million shares valued at RM902.8mil. There were 361 gainers, 308 decliners and 277 counters unchanged.
Reuters reported that Asian shares rose modestly on Friday on relief the Federal Reserve held off on raising interest rates but gains were capped by renewed concerns about the health of the global economy, in particular China.
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