Covid-19, lower oil prices weigh on FBM KLCI

Oil and gas counters on Bursa Malaysia were mostly in the red.

PETALING JAYA: The resurgence of the coronavirus (Covid-19) infection in Beijing and the drop in oil prices are back as a tag team to batter global markets as they shatter confidence among investors.

Despite being one of the best performers in the region, the Bursa Malaysia benchmark index saw its losing streak continue for the third consecutive market day as it struggled to stay above the 1,500-point mark.