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Tajuk : KLCI falls 7.41 points on Petronas Gas, Genting
link : KLCI falls 7.41 points on Petronas Gas, Genting
KLCI falls 7.41 points on Petronas Gas, Genting
KUALA LUMPUR (May 29): The FBM KLCI fell by a sharp 7.41 points or 0.4% in the final trading minutes to close at 1,764.89 points on late selling of Petronas Gas Bhd and Genting Bhd shares.
From a broader viewpoint, analysts said the KLCI could have also taken the cue from first quarter earnings, which they said had not met market expectations.
“The decline in the index could be a case of disappointment over results. There has been so much expectation placed on companies, especially in the technology sector, that they were bound to disappoint.
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