Negative sentiment prevails on last day of earnings period

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At 9.05am, the FBM KLCI was down 2.39 points to 1,540.63.

The overall market recorded 170 decliners compared with 148 gainers.

"Nevertheless, upside on the broader market may be kept as traders be focusing on the inflationary pressure that may dampen the corporates’ margins," said the research firm. CIMB remains the last of the heavyweight banks to file its financial performance, scheduled for later today.

 

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