Funds stepped up selling pressure on banks, IHH Healthcare and Genting Bhd while the ringgit weakened against selected major currencies while the broader market was weak on concerns about domestic issues.
At midday, the KLCI was down 7.02 points or 0.42% to 1,662.59. Turnover was 918.32 million shares valued at RM574.44mil. Decliners beat advancers three to one, with 511 losers to 157 gainers while 317 counters were unchanged.
The ringgit weakened against the key currencies as it slipped to 4.0568 against the US dollar from 4.0297 and was weaker at 5.3677 to the pound sterling from 5.3020. It was at 2.9885 to the Singapore dollar from 2.9666 and slipped to 4.4745 against the euro from 4.4335.
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At midday, the KLCI was down 7.02 points or 0.42% to 1,662.59. Turnover was 918.32 million shares valued at RM574.44mil. Decliners beat advancers three to one, with 511 losers to 157 gainers while 317 counters were unchanged.
The ringgit weakened against the key currencies as it slipped to 4.0568 against the US dollar from 4.0297 and was weaker at 5.3677 to the pound sterling from 5.3020. It was at 2.9885 to the Singapore dollar from 2.9666 and slipped to 4.4745 against the euro from 4.4335.
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