KLCI, oil prices slump on rising prospect of trade war

  • Markets
  • Wednesday, 7 Mar 2018

KUALA LUMPUR: Global equities slumped on Wednesday following the resignation of White House economic advisor Gary Cohn, and fanning fears that US steel and aluminium tariffs will proceed as planned.

The local bourse joined Asian markets in a sea of red with the benchmark FBM KLCI dropping 9.41 points to 1,838.96 by midday.