KUALA LUMPUR: The FBM KLCI fell below the crucial 1,250 level in late afternoon on Friday, Feb 5 in line with the weak regional markets as rising sovereign debt problems in the eurozone saw investors exiting equities.
Hong Kong stocks closed 3.33% or 676.56 points lower at 19,665.08, its lowest since Sept. 2, 2009. The China Enterprises Index of top locally listed mainland Chinese stocks closed down 4.08% at 11,131.78.
At Bursa Malaysia, the FBM KLCI fell 16.5 points to 1,248.52 at 4.08pm, dragged down losses in Nestle, Tanjong and CIMB. Turnover was 736.5 million shares valued at RM1.12 billion.
Other major losers were PPB, down 32 sen to RM15.68, KLK 26 sen to RM16.36 while Top Glove slumped 24 sen to RM11.16.