The selling pressure on Bursa Malaysia intensified on Friday as investors opted to cash in on profits, with no new catalysts to drive the market.
By 12:30 PM, the benchmark index had fallen 11.99 points to 1,659.33, putting it on track for its lowest close in two weeks.
YTL Power weighed heavily on the FBM KLCI, plummeting 21 sen to RM3.62, while its parent company, YTL Corp, declined by six sen to RM2.51.
In the banking sector, Maybank continued its downward trend, losing eight sen to RM10.58. Public Bank also fell, down 10 sen to RM4.57, and CIMB edged down four sen to RM8.24.