KLCI extends losses for third day, ringgit rises on firmer oil prices


KUALA LUMPUR: Bursa Malaysia was en route to a third straight day of losses as monetary stimulus measures by major central banks failed to lift investor sentiment amid global growth concerns.

The FBM KLCI bucked the regional trend by moving 5.16 points lower to 1,591.12 despite mild gains in benchmark Asian markets.

Trading volume on the local stock exchange was 1.33 billion shares valued at RM893.41mil. Market breadth was negative with 383 decliners versus 237 gainers and 395 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!

   

Next In Business News

Wall St set to open higher on tech boost, PCE data
US inflation rises in line with expectations in March
Gamuda Land announces retail partners for Gamuda Gardens
YNH reaffirms bondholders with remedied technical defaults
Ringgit ends firmer against US dollar
KPJ Healthcare partners with Trustr for AI-driven healthcare solutions
Homeritz stays positive amid economic challenges
Unisem expects performance boost amid semiconductor recovery
Gadang wins RM280mil data centre contract
S P Setia unveils Casaville single-storey bungalows in Setia EcoHill, Semenyih

Others Also Read