Bursa Malaysia continues downtrend with over 1,000 counters in red

TheStar Tue, Apr 16, 2024 05:16pm - 2 weeks View Original


KUALA LUMPUR: Bursa Malaysia saw another day of over 1,000 counters closing in the red, marking a consecutive decline.

Dealers noted that risk sentiment remained subdued due to geopolitical tensions in the Middle East.

Adding to the downbeat note, the US Federal Reserve is not expected to hurry in lowering interest rates this year.

The FBM KLCI slipped 7.53 points, or 0.49% to 1,535.0 with 18 of the component stocks ending lower.

...

Full Article on TheStar

The content is a snapshot from Publisher. Refer to the original content for accurate info. Contact us for any changes.






Related Stocks

AJI 20.000
BURSA 7.700
CDB 4.120
CIMB 6.740
FBMKLCI 1593.980
HLBANK 19.360
KESM 6.080
NESTLE 128.000
PBBANK 4.210
RHBBANK 5.480
THETA 1.580
UTDPLT 25.320

Comments

Login to comment.