REVIEW: It has turned out to be a disappointing weak overall for equity markets with unexpected bearish news coming from all fronts.Going back to the start of the week, the FBM KLCI shaved 5.27 points to 1,642.69 on Monday.
Bursa Malaysia was closed for the king’s installation ceremony on Tuesday but fell a further 7.82 points to 1,634.87 when the market re-opened on Wednesday.This was in line with other major markets as investors took cautionary measures ahead of the US Federal Reserve monetary policy meeting, which was expected to be a watershed moment on the global policy front.
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