Wall Street selloff spooks Malaysian and other markets

Index down: People walking in front of private stock trading boards at a private stock market gallery in Kuala Lumpur. The FBM KLCI ended at 1,695.37 points, down 15.34 points, yesterday. — AP

PETALING JAYA: While some markets managed to rebound amid an onslaught of regional shares, the Malaysian and Indonesian bourses led losses as investors remained spooked by the overnight selloff on Wall Street and volatile oil prices.

Both the Malaysian and Indonesian stock markets were closed on Tuesday for the Prophet Muhammad’s Birthday public holiday.