News Formal

KLCI sinks below 1,400-level, almost 900 stocks in red

  • 📰 staronline
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 75%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

As fears lingered about contagion from the Silicon Valley Bank's collapse.

At 5pm, the market bellwether tanked 28 points, or 1.97% to 1,393.83, its lowest since mid-October 2022. All indices on Bursa Malaysia were down.

On the broader market, Heineken lost 42 sen to RM28.68, Carlsberg fell 30 sen to RM21.60, Computer Forms declined 25 sen to RM1.15 and Ajinomoto eased 24 sen to RM14.66.

 

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

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Regulators urged to find Silicon Valley Bank buyer as industry frets about falloutNEW YORK, March 12 — Some financial industry executives and investors were growing increasingly concerned yesterday that the collapse of Silicon Valley Bank could have a...
Source: malaymail - 🏆 1. / 86 Read more »