KLCI drifts lower as banking stocks drag

📆 2020/03/19 23:12:00

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KUALA LUMPUR: Bursa Malaysia ended 1.56% lower on Thursday, tracking losses at regional markets, dragged by losses including at index-linked banking stocks.

📆 2020/03/19 23:12:00
📰 staronline

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At 5pm, the FBM KLCI closed 19.29 points lower at 1,219.72. The index opened 11.30 points lower at 1,227.71 this morning.

Dealers said the concern over the coronavirus pandemic overshadowed a massive shot of stimulus from the world's major central banks. Some investors are concern about the potential market closures due to the virus crisis.

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We used to be able to blame DAP for everything bad, including 🐻 market. Now cannot. 😥

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