Bursa falls as Fed chair comments spark selling in equities


KUALA LUMPUR: Bursa Malaysia erased its previous session's gains and slid even lower as investors pulled out of equities following the US Federal Reserve chair's comments that the central bank could speed up the tapering of bond-buying in December.

Overnight, Wall Street indices were dragged lower on the prospect that the timetable for the tapering could be pushed forward by a several months.

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Bursa Malaysia , FBM KLCI , equities

   

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