FBM KLCI slides on rising Covid fears
KUALA LUMPUR: The FBM KLCI continued to slide headed into midday as the rising number of Covid cases cast fears of yet another return to a movement control order. At 12.30pm, the FBM KLCI was down 8.18 points to 1,593.47, losing its grip on the 1,600 psychological resistance despite Wall Street's positive performance last week in anticipation of strong corporate earnings. Sepculation over MCO3.0 and talk of businesses once again shuttering their physical locations had investors on edge on Monday, a day after a Star report cited sources claiming another lockdown. Senior Ministe...