FBM KLCI gives up gains amid profit-taking; Ringgit on track for strong quarter

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FBM KLCI gives up gains amid profit-taking; Ringgit on track for strong quarter
Bursa MalaysiaFBM KLCIKLCI
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In response to the positive growth in Cambodia’s tourism and aviation sectors, marked by a steady increase in domestic and international visitors, AirAsia Cambodia has announced a new flight route connecting Siem Reap, the country’s historic tourist destination, with Singapore.

KUALA LUMPUR: Despite a positive start with a higher opening, the FBM KLCI eventually faced mild profit-taking, ending the day in negative territory.

Market breadth turned negative as losers overpowered the gainers on a ratio of 675-to-458 stocks. Traded volumes stood at 3.36 billion shares worth RM3.2bil. Meanwhile, the ringgit was quoted at 4.2083, down 0.11% against the US dollar, and 0.03% lower against the Singapore dollar at 3.2544.

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