KLCI drifts lower as banking stocks drag

  • 📰 staronline
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 75%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

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

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines