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KLCI slips below 1,600 mark, 857 stocks in red

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Bursa Malaysia,FBM KLCI,KLCI

(Reuters) - Tesla is recalling 125,227 Model 3, S, X and Y vehicles over a malfunction of its seat belt warning system, the U.S. National Highway Traffic Safety Administration (NHTSA) said on Friday.

KUALA LUMPUR: Bursa Malaysia saw a sea of red on Friday, with losers outpacing gainers and reflecting the market's weak sentiment.

Losers outnumbered gainers with 857 stocks ending lower and 365 stocks finishing higher. That gave a market breadth of 0.42 indicating the bears were in better control. Traded volume rose to 5.45 billion shares worth RM6.8bil., the top loser on Bursa Malaysia, tumbled RM1.64 to RM37.10. Kuala Lumpur Kepong fell 60 sen to RM20.86, Hong Leong Financial Group lost 48 sen to RM17.02 and

 

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