Bursa slips on state of emergency to contain pandemic

Shares on Bursa Malaysia fell on Tuesday on news about the state of emergency nationwide until Aug 1 as the government viewed this proactive measure as crucial to contain the Covid-19 pandemic.

KUALA LUMPUR: Shares on Bursa Malaysia fell on Tuesday on news about the state of emergency nationwide until Aug 1 as the government viewed this proactive measure as crucial to contain the Covid-19 pandemic.

Later in a live address to the nation on TV at 11am, Prime Minister Tan Sri Muhyiddin Yassin said there would not be a curfew during the period.

Ealier, At 10.10am, the FBM KLCI was down 17.28 points or 1.07% to 1,599.97. Turnover was 2.52 billion shares valued at RM1.62bil.