KUALA LUMPUR: The FBM KLCI was down 0.2% or 3.68 points to 1,843.62 at the break on Wednesday in contrast to regional sentiment, which has been buoyed by reports that China’s central bank is injecting US$81bil into five major banks.
Hong Kong stocks rallied more than 1% in the first few minutes of trading on the news. US stocks also reacted strongly, with the Dow Jones Industrial Average rising 0.59% to 17,131.97 points.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!