US debt ceiling pressure continues to press on local market

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At the start of trading, Malaysia's benchmark FBM KLCI fell 4.92 points to 1,423.62.

"This comes as Inari will probably close today in the 36th position or below given that its existing market cap remains less than the market cap for Top Glove by a sizeable margin of RM1.36bil.

Looking at the performance of the blue chips in early trade, most counters were in the red with notable declines in the financial services sector.

 

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