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KLCI cuts losses on Genting Malaysia after volatile trade

Mimi Sabreena 5:59:00 PM Informasi

KUALA LUMPUR (Oct 9): The FBM KLCI rose 0.03 point to close at 1,764.03 points after vacillating between gains and losses amid political uncertainty in the UK, Spain and Turkey.

Reuters reported that an early mover was the Turkish lira, where the dollar surged 4 percent at one point to the highest in seven months amid a diplomatic spat with Washington. The US mission in Turkey and subsequently the Turkish mission in Washington mutually reduced visa services after a US mission employee was detained in Turkey last week.

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