KLCI falls as negative Chinese trade data triggers equities slide

  • Markets
  • Monday, 14 Jan 2019

KUALA LUMPUR: Investors sold down on Asian equities upon the release of Chinese December trade data that showed imports falling 7.6% year-on-year and exports slumping 4.4%, in contrast to analysts' forecasts of expansion.

Equities took a bearish turn in the Monday morning session as the contraction pointed to further cooling in the Chinese econnomy.