KLCI closed 123.11 pts or 9.5% down at 1173.22. Sime fell RM 1.60 to RM 9.40; Tenaga -RM 1.30 to RM 7.35. Losers 905,gainers 26. 1.1 Billion shares were traded valued at RM 3.2 billion.
At this point, the market seems to be stablize because after it hit the low at 1157.47, it rebound to 1173.22.
They said this market is for bargain hunters and those who can hold for longer term.