The FBM KLCI index lost 1.07 points or 0.06% on Wednesday. The Finance Index fell 0.22% to 14743.87 points, the Properties Index up 0.21% to 1186.25 points and the Plantation Index rose 0.45% to 7880.78 points. The market traded within a range of 8.92 points between an intra-day high of 1722.75 and a low of 1713.83 during the session. The KLCI closed lower at 1717.01 points, amid weaker performance in Wall Street overnight. The local benchmark was tepid amid absence of any powerful driving force.
Market forecast for KLCI
The FBM KLCI is expected to continue with its sideways trend on Thursday with the only economic events occurring having the capacity to affect the global markets being the Crude Oil Inventories and the FOMC Meeting to be held on Wednesday evening;along with the Unemplyment claims data to be released on Thursday
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