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Judul : KLCI falls after OPEC output cut extension disappoints
link : KLCI falls after OPEC output cut extension disappoints
KLCI falls after OPEC output cut extension disappoints
KUALA LUMPUR (May 26): The FBM KLCI fell 0.66 point to settle at 1,773.30 points on oil and gas-related share losses after the Organization of the Petroleum Exporting Countries' (OPEC) output cut extension disappointed investors.
Investors had earlier hoped OPEC would do more to support crude oil prices. At 12:30pm, the KLCI fell on index-linked stocks like Petronas Gas Bhd and Petronas Dagangan Bhd. The KLCI erased gains after rising to its highest so far today at 1,778.18 points.
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