PETALING JAYA: It was a wobbly start on Bursa Malaysia as investors were spooked by China’s Evergrande Group’s US$300bil (RM1.25 trillion) debt woes, which is spilling into China’s financial markets.
Yesterday, Bursa Malaysia’s main index the FBM KLCI ended in the red. The 30-company index closed 20.62 points lower or 1.33% to 1527.89 points, in line with the weakness in the regional market led by Hong Kong’s Hang Seng.
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