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Late buying lifts KLCI out of the red amid mixed sentiment

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Late buying lifts KLCI out of the red amid mixed sentiment

Late buying lifts KLCI out of the red amid mixed sentiment

KUALA LUMPUR (June 16): Last-minute buying helped lift the FBM KLCI into the positives, with market sentiments mixed as investors took cue from developments in US and Japan.

Investors' profit-taking proved a drag on Bursa Malaysia's initial upward trajectory that was seen in early trades, which resulted in a gradual sell-off throughout the day.

The benchmark index inched up a marginal 1.3 points or 0.07% to eventually close at 1,791.31 points at 5pm, after hitting its intra-day low of 1,787.84 points, about 15 minutes before market close.

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