Bursa slips after overnight fall on Wall St over Covid-19 fears


Bursa Malaysia fell in early Wednesday trade as investors grew more anxious about the widening impact of the Covid-19 coronavirus despite rates cuts by Bank Negara and the US Federal Reserve.

KUALA LUMPUR: Bursa Malaysia fell in early Wednesday trade as investors grew more anxious about the widening impact of the Covid-19 coronavirus despite rates cuts by Bank Negara and the US Federal Reserve.

At 9.17am, the FBM KLCI was down 2.71 points or 0.18% to 1,475.93. Turnover was 252.50 million shares valued at RM171.94mil. There were 97 gainers, 278 losers and 193 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!

KLCI , Covid-19 , foreign funds

   

Next In Business News

Majuperak, Shizen to explore solar photovoltaic development in Perak
Asia stocks rise, yen plumbs 34-year low as BOJ stands pat on rates
Fernandes: AirAsia Group to be listed on Bursa Malaysia in September
Spritzer clarifies mistaken identity in insider trading report
Berjaya Corp denies involvement in Forest City Casino talks
Malaysia's PPI higher by 1.6% in March 2024
Microlink wins RM56.45mil contract from Bank Islam Brunei
Bursa Malaysia higher at midday in sync with regional peers
PETRONAS, CelcomDigi collaborate on digital transformation and sustainability efforts for the energy industry
Ringgit retreats vs US$ ahead of personal consumption expenditure reading

Others Also Read