KUALA LUMPUR: The Kuala Lumpur Composite Index fell to the March 10 level of 1,157 in late-morning trade Tuesday on some selling pressure on key stocks.
At 11.30am, the KLCI was down 17.4 points to 1,157.43 while the FBM Emas fell 110.87 points to 7,705.45 while the FBM Second Board gave up 75.01 points to 5,402.04.
Turnover was 151.29 million shares valued at RM294mil. There were 57 gainers, 461 losers and 145 counters unchanged.
The KLCI plunged to 1,157 on March 10 after the market reopened that day following the weekend general elections.
On the market, fund managers said there could be some bargain hunting on battered down stocks but there were still some uncertainties to contend with.
KFCH was the top loser, down 40 sen to RM5.95, Bursa fell 30 sen to RM6.85 while Nestle and IJM Corp lost 25 sen each to RM28.75 and RM5.20 respectively while Public Bank foreign gave up 20 sen to RM10.30.
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