Asian markets down, Malaysia's FBM KLCI down 2%


PETALING JAYA: A combination of factors including a sharp sell-down in US markets, siege in Sydney and the persistent downtrend in crude oil price hammered investor sentiment across Asia, with most key markets finishing in the red.

Bursa Malaysia’s key index - the FBM Kuala Lumpur Composite Index (FBM KLCI) which has been one of the region’s worst performers this year extended its decline, ending 35.68 points or 2% lower to 1,697.31.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!

Business , market , oil , selling , shares , stocks , KLCI , asian , stocks ,

   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read