Iran's missile strikes torpedo markets, KLCI slumps 1.4%


Among the banks, Public Bank lost 52 sen to RM19.60 and erased 3.09 points from the KLCI, Maybank fell 11 sen to RM8.54 and wiped out 1.89 points, CIMB 12 sen to RM5.17, Hong Leong Bank 10 sen to RM17.56, RHB Bank nine sen to RM5.84 and AmBank three sen to RM3.80.

KUALA LUMPUR: Iran launched retaliatory missile strikes against US forces in Iraq, sending key Asian markets deeper into the red on Wednesday as investors worried about a wider conflict.

At 5pm, the KLCI was down 21.94 points or 1.36% to 1,589.10. Turnover was 3.86 billion shares valued at RM2.22bil. Decliners beat advancers more than five to one or 883 losers to 171 gainers and 284 counters unchanged.

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KLCI , Iran , missles , Iran , FGV , Azhar Abdul Hamid

   

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