Glove stocks drag KLCI into another negative session, closes 1.23% lower at 1,492.4The FBM KLCI finished in negative territory for a second straight day, dragged down by glove stocks which dominated Bursa Malaysia’s top losers.
At 5pm, the benchmark index closed 18.57 points or 1.23% lower at 1,492.4. Market breadth remained mostly negative with 754 losers versus 374 gainers. Meanwhile, trading momentum was fairly active with 8.48 billion shares traded for RM5.95 billion.