Asian markets, KLCI battered by US-China trade war tensions


Genting slumped 15 sen to RM6.80 and erased 1.01 points while GentingM was down three sen to RM3.25 following the recent corporate news which were viewed as negative by investors.

KUALA LUMPUR: Key Asian markets closed markedly lower on Monday as giants US and China upped their trade war threats while at Bursa Malaysia, the key FBM KLCI fell more than 1%.

At 5pm, the KLCI was down 18.35 points to 1,743.43. Turnover was 1.91 billion shares valued at RM2.03bil. There were 304 gainers, 583 losers and 336 counters unchanged.

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