Dragging down the KLCI were blue chips like AMMB Holdings Bhd, Axiata Group Bhd, DiGi.Com Bhd, Genting Malaysia Bhd and Hap Seng Consolidated Bhd. “The ringgit’s direction today was quite symptomatic towards the expectation of a December rate hike in the U.S. “In the long run, if crude oil prices continue to rise, it could lead to a stronger ringgit. Today’s top gainers included Panasonic Manufacturing Malaysia Bhd, United Plantations Bhd and Huat Lain Resources Bhd. The biggest decliners were British American Tobacco (Malaysia) Bhd, Apex Healthcare Bhd and Petronas Dagangan Bhd.

Source: The Edge Markets October 07, 2016 09:56 UTC