KLCI in heavy fall in line with regional markets


PETALING JAYA: The local stock market suffered in line with negative global sentiments and headwinds from the external front, as well as impact from the reforms of the new government.

The FBM KLCI index was the worst-performing index in the region yesterday, probably in part due to the cost-cutting measures taken by the Government.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , market , reforms , down , KLCI , government , cost cutting , Italy , regional ,

Next In Business News

MyBeST charges up for execution
CAB Cakaran ready to roll in Indonesia
Malaysia can rest easy for now
More turbulence ahead?
KSL’s quiet transformation
Yayasan Peneraju unveils new basic package to accelerate Bumiputera AI upskilling
DIY homes: A growing trend
Why speculation hurts homebuyers
More fresh paint forl aneways
Ringgit likely to trade within 4.04-4.07 range next week

Others Also Read