KUALA LUMPUR: The losses in Malaysia's benchmark index widened over the early session, erasing nearly all the gains it made in last Friday's session.
At 12.30pm, the FBM KLCI was down 13.93 points to 1,485.54, affirming that investors were not yet ready to breach the 1,500 psychological resistance in light of the volatility in the investment landscape.
The broader market pulled back with declining issues outnumbering advancers to a lopsided ratio of 3.430-to-1.
Leading decliners were Kuala Lumpur Kepong down 32 sen to RM19.60, PETRONAS Dagangan dropping 26 sen to RM19.24 and MPI shedding 22 sen to RM14.88.
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