Bursa remains under pressure on rate hike fears

KUALA LUMPUR: The domestic market was not spared the negative sentiment that hit US markets overnight, extending the decline that began yesterday on fears that aggressive US interest rate hikes could dampen economic growth.

At 9.05am, the FBM KLCI was down 1.39 points to 1,603.22. The overall market remained firmly negative with 280 decliners compares to 93 gainers.

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Bursa Malaysia , FBM KLCI , equities


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