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

Toyota still has the drive
Hurdles in DBS’ Alliance Bank bid
Metals keep shining bright
Retailers get a lift from Sara
iCents eyes Asean
Ringgit likely to trade within narrow range next week ahead of BNM OPR decision
Reading the market signals
Breathing new life into forgotten spaces
Urban harmony: Can stakeholders row together?
China’s gold rush continues

Others Also Read