KLCI remains under pressure as spectre of trade war hangs over global markets
KUALA LUMPUR (July 12): The FBM KLCI remained presured at mid-morning today, tracking regional markets as market sentiment stayed tepid with the spectre of a U.S.-China trade war still hanging over global markets.
At 10am, the FBM KLCI was down 1.77 points to 1,687.00.
Losers led gainers by 238 to 197, while 249 counters traded unchanged. Volume was 520.77 million shares valued at RM253.27 million.
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KUALA LUMPUR (Sept 19): Kim Teck Cheong Consolidated Bhd (KTC) said today the dispute which led to the resignation of the chairman of its audit and risk management committee recently was because the majority of the board of directors had agreed not to impair the trade receivables as the management was confident that they were recoverable.