KUALA LUMPUR: The FBM KLCI retraced some of its earlier losses to enter the lunch break just slightly in the red following the announcement of GDP data that contracted at a slower pace than expected.
Bank Negara announced earlier today that Malaysia’s economy in the third quarter contracted at a smaller pace of 2.7% in the third quarter ended Sept 30,2020 compared with 17.1% plunge in the second quarter, underpinned by a recovery in the manufacturing sector.
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