KLCI climbs on last trading day of February, broader market cautious

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At 9.35am, the FBM KLCI was up 2.90 points or 0.18% to 1,584.44.

Turnover was 1.76 billion shares valued at RM1.01bil. The broader market showed signs of weakening with losers beating gainers 672 to 238 and 329 counters unchanged.

Earlier, Asian stocks opened sharply lower on Friday after Wall Street's main indexes tumbled, with technology-related stocks under pressure following a steep rise in benchmark US Treasury yields. Meanwhile, Brent futures for April delivery fell 16 cents, or 0.2%, to settle at $66.88 a barrel. The April Brent contract expires on Friday.

 

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