By: Mike Paul
Kuala Lumpur, Nov 12 — The FBMKLCI was trading at 1631.34 on Wednesday afternoon, down 3.49 points from the previous day, as selling pressure persisted across speculative and small-cap counters.
The index moved within a narrow intraday range between 1630.19 and 1634.82, reflecting cautious sentiment. Market volume stood at 2.171 billion units, with 581 decliners outpacing 367 gainers.
HSI warrants such as HSI-PWL4, HSI-CWKJ, and HSI-CWKT saw sharp declines, while small-cap stocks like MMAG and FARMFRESH continued to weaken. Low-priced counters TANCO and HSI-CWKO posted minor gains, and PTRANS remained unchanged.
Overall, the market showed a defensive tone, with investors adopting a wait-and-see approach.
- TNS News