PETALING JAYA: The Kuala Lumpur Composite Index (KLCI) posted double-digit losses for the second straight day as the Middle East crisis entered its sixth day and crude oil price continued to hover at last week's record high.
“The weak market sentiment was largely attributed to external factors,'' a fund manager at a local asset management firm said, citing the conflict between Israel and Hezbollah fighters in Lebanon and higher global crude oil prices as key concerns.
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