Selling continues amid deteriorating market sentiment


KUALA LUMPUR: The downtrend on the Malaysian stock market continued as investor sentiment remained weak amid the persistently high number of daily Covid-19 infections.

Despite news that some states will be moving into Phase 2 of the National Recovery Plan, the extended MCO implemented in Selangor and Kuala Lumpur continued to weigh heavily on the economic outlook.

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Bursa Malaysia , FBM KLCI , equities

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