KUALA LUMPUR: The FBM KLCI ended lower on Friday as investors sold off stocks, while regional markets showed mixed results. The benchmark FBM KLCI closed at 1,621.24, down 0.13% or 2.04 points, bringing its full-week gain to 1.08%. Dealers stated that today's decline is primarily driven by investors taking the opportunity to sell off their holdings following recent gains. Malaysian Pacific Industries slid 98 sen to RM26.50, Hong Leong Financial Group declined 30 sen to RM18.34 and Pentamaster gave up 30 sen to RM3.70. US West Texas Intermediate crude fell US$1.16 to US$71.20 and Brent lost US$1.01 to US$74.62 per barrel.

Source: The Star November 08, 2024 11:04 UTC