China’s move to speed up the depreciation of its yuan and raising concerns about the weakening of its economy triggered another scare in key Asian markets and Europe.
At 5pm, the FBM KLCI was down 12.84 points or 0.77% to 1,655.13. Of concern would be the increase in trading volume which rose to 3.05 billion shares valued at RM2.27.
The worries saw the broader market closing on a weaker note with decliners beating advancers nearly three to one or 721 losers to 253 gainers and 299 counters unchanged.
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At 5pm, the FBM KLCI was down 12.84 points or 0.77% to 1,655.13. Of concern would be the increase in trading volume which rose to 3.05 billion shares valued at RM2.27.
The worries saw the broader market closing on a weaker note with decliners beating advancers nearly three to one or 721 losers to 253 gainers and 299 counters unchanged.
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