Kospi worst performer year-to-date after KLCI as markets routed


Year-to-date,the KLCI is no longer the worst performing market as it is down 4.58% year-to-date but the Kospi has tumbled 4.61%,made worse by the tensions with Japan. The blue-chip Hang Seng China Enterprise is down 0.43% and Jakarta's Composite Index 0.24%.

KUALA LUMPUR: All key Asian markets including Bursa Malaysia were routed on Monday on worsening US-China trade tensions while Hong Kong was hit by continued street protests.

At 5pm,the FBM KLCI was down 16.35 points or 1.01% to 1,610.41. Turnover was 2.67 billion shares valued at RM1.86bil. Decliners beat advancers five to one or 827 losers to 163 gainers and 288 counters unchanged.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Kospi , trade war

   

Next In Business News

Gobind: Appointment of new DNB board members marks major milestone in 5G network restructuring
Microsoft CEO Satya Nadella's visit to Malaysia scheduled on May 2
ViTrox optimistic on semiconductor sector growth
Pavilion REIT’s 1Q net profit rises to RM83.2mil
Martijn Rene van Keulen to helm Heineken Malaysia from July 1
OCK proposed RM500mil ICP programme
Profit-taking in the market, KLCI down 0.14%
EPF balancing between retirement mandate and supporting members' economic survival
Asian stocks hit by US tech slide, FX subdued
CelcomDigi emphasises its significant role in protecting customers from AI-related risks

Others Also Read