PETALING JAYA: Brent crude prices, which have slid by 36% year-to-date and dipped another 0.84% to US$36.57 yesterday to trade at levels last seen in 2004, are having a ripple effect on the local bourse and the ringgit.
The FTSE Bursa Malaysia KL Composite Index (FBM KLCI) shed 0.9% to break below the 1,630-point level, ending the trading day 14.81 points lower at 1,629.09.
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