On a Friday-to-Friday basis, the benchmark FBM KLCI settled 7.04 points weaker at 1,598.32. — Bernama pic
“The risk aversion resulting from the US-Sino tariffs war will have a negative impact on local exports and economic growth. The latest US move to blacklist Chinese telecommunications giant Huawei reflects no near peaceful solution between these two economic giants,” he told Bernama. Vietnam exported electronic products, mainly computers and mobile phones, spare parts, transport vehicles, as well as wood and timber products, while Malaysia’s exports comprised petroleum, electronic components, textiles, chemicals and also plastics.
For the week-just-ended, local equities started off the holiday-shortened-week with continuous lower gaps amidst rising concerns over threats towards global trading relations.
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