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KLCI reverts to consolidation mode, slips into negative zone

Mimi Sabreena 1:17:00 PM Informasi

KUALA LUMPUR (Aug 23): The FBM KLCI retreated at the midday break today, as sentiment turned cautious and sellers overtook buyers, indicating the marjet was reverting to its consolidation mode.

Southeast Asian stock markets traded sideways, tracking a similar movement in broader Asia shares, after having started stronger, following a positive lead from Wall Street as positive tax reform comments from U.S. House Speaker Paul Ryan spurred gains in U.S. shares, according to Reuters.

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