SHARES on Bursa Malaysia slipped further in thin trading yesterday, pulling down the Kuala Lumpur Composite Index (KLCI) by nearly six points to 855, on continuing concern over the impact of soaring crude oil prices on global economies.
Oil prices hit fresh record highs yesterday, pushing London Brent crude above US$50 a barrel for the first time and extending a relentless rise that has added around 65% to the cost of crude this year.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!