The FBM KLCI, which had put in a negative performance over the previous week, was trading precariously close to its immediate support of 1,775. The FBM KLCI reacted slowly to the announcement, sliding a mere 1.6 points to 1,774.15, but still holding close to the support. In early morning trade, sellers quickly took the FBM KLCI down as much as 53 points. Total turnover for the week stood at 12.52 billion shares amounting to RM12.5bil compared with 11.87 billion shares worth RM10.12bil over the last trading week. Outlook: The plunge in Wall Street can be seen to be a healthy correction after the protracted rally in US equities.

Source: thestar October 13, 2018 00:45 UTC