Political turmoil spurs selling on Bursa

KUALA LUMPUR: Investors fled the stock market on Wednesday on news that the ruling coalition had lost the support of its largest party ally.

At 12.30pm, the FBM KLCI had lost 12.83 points to 1,487.43 after falling to as low as 1,483.73 earlier in the day on fresh political turmoil as Umno withdrew its support for the Perikatan Nasional government.

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Bursa Malaysia , FBM KLCI , equities

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