The Kuala Lumpur Stock Exchange main barometer, 100-stock Composite Index (KLCI), which has dropped 50 points since Monday, may fall another 50 to 70 points if the local political uncertainties continue, according to a market analyst.

Yesterday the KLCI closed at 898.91, down 51.71 points from last Friday's close of 950.62.

The "uncertainties" related to MCA president Dr Ling Liong Sik's expressed wish to resign his Cabinet post of Transport Minister and the reported instability within the top Umno leadership.