FBMKLCI opens at 1434.33 (-0.35) and within half an hour ramp up to intraday high of 1436.65 (+1.97) then it retreats back to yesterday closed with half an hour too. It has hanging around 1434 +/- 1 point until 4:00pm. After then, the selling off of Axiata volume pull down the FBMKLCI significantly to the intraday low of 1432.76 (-1.92) and finally closed at 1434.27 (-0.41). The traded volume further reduce by -13% to 641mil share transacted which is below the VMA. The market has been correcting for 3 days already. Perhaps, it may drag through for the rest of the trading days within this week because of the Raya Holiday mood.
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