Equities, ringgit pulled lower amid global sell-off, crude oil drops 2%


KUALA LUMPUR: Bursa Malaysia was a sea of red on Friday on the back of Wall Street's third straight day of rapid decline that sent its indices into correction territory.

The retreat in equities highlighted investor fears over the growing Covid-19 outbreak, which threatens to derail the global economy and raised the prospect of more interest rate cuts by major central banks.

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